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Origin Bancorp (OBK) legal chief converts RSUs, withholds stock for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Origin Bancorp Chief Legal Counsel Derek McGee reported equity compensation activity involving restricted stock units that converted into common stock on a one-for-one basis. On February 17 and 18, 2026, restricted stock units were exercised into common shares, and portions of the resulting stock (372 and 765 common shares at $43.98 and $43.73 per share) were withheld to cover tax obligations. The filing notes these tax-withholding transactions do not represent open‑market sales. McGee also reports direct and indirect holdings, including shares held through an issuer retirement plan and an IRA.

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Insider McGee Derek
Role Chief Legal Counsel
Type Security Shares Price Value
Exercise Restricted Stock Units 2,233 $0.00 --
Exercise Common Stock 2,233 $0.00 --
Tax Withholding Common Stock 765 $43.73 $33K
Exercise Restricted Stock Units 999 $0.00 --
Exercise Common Stock 999 $0.00 --
Tax Withholding Common Stock 372 $43.98 $16K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 2,236 shares (Direct); Common Stock — 19,200 shares (Direct); Common Stock — 661 shares (Indirect, BY ISSUER RETIREMENT PLAN)
Footnotes (1)
  1. Restricted stock units convert into common stock on a one-for-one basis. Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale. Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024. Granted on February 18, 2022, vesting ratably over five years with the first vest date of February 18, 2023.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McGee Derek

(Last) (First) (Middle)
500 SOUTH SERVICE ROAD EAST

(Street)
RUSTON LA 71270

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Origin Bancorp, Inc. [ OBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 M 999 A (1) 17,339 D
Common Stock 02/17/2026 F(2) 372 D $43.98 16,967 D
Common Stock 02/18/2026 M 2,233 A (1) 19,200 D
Common Stock 02/18/2026 F(2) 765 D $43.73 18,435 D
Common Stock 661 I BY ISSUER RETIREMENT PLAN
Common Stock 1,467 I By IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/17/2026 M 999 (3) (3) Common Stock 999 $0 0(3) D
Restricted Stock Units (1) 02/18/2026 M 2,233 (4) (4) Common Stock 2,233 $0 2,236(4) D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
3. Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
4. Granted on February 18, 2022, vesting ratably over five years with the first vest date of February 18, 2023.
Remarks:
/s/ Drake Mills, as Attorney-in-Fact 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did OBK’s Derek McGee report on this Form 4?

Derek McGee reported exercises of restricted stock units into Origin Bancorp common stock on February 17 and 18, 2026. Related common shares were withheld to satisfy tax obligations, and the filing updates his direct and indirect ownership positions, including retirement plan and IRA holdings.

Did OBK’s Derek McGee buy or sell Origin Bancorp (OBK) shares on the open market?

The Form 4 does not show open‑market purchases or sales. It reports restricted stock units converting into common stock and shares withheld by the issuer to cover tax liabilities, which the filing explicitly states do not represent a sale transaction in the market.

How many Origin Bancorp shares were withheld for Derek McGee’s tax obligations?

The filing shows 372 and 765 Origin Bancorp common shares were withheld. These shares were valued at $43.98 and $43.73 per share, respectively, and were used to satisfy income tax withholding and remittance obligations tied to vested restricted stock units.

What do the restricted stock unit conversions mean for OBK’s Derek McGee?

Restricted stock units converted into common stock on a one‑for‑one basis, increasing McGee’s share ownership. These units were originally granted in February 2022 and February 2023 with multi‑year vesting schedules, and the conversions reflect vesting of those prior equity awards.

When were Derek McGee’s Origin Bancorp restricted stock units granted and how do they vest?

One award was granted on February 18, 2022, vesting ratably over five years starting February 18, 2023. Another was granted on February 17, 2023, vesting ratably over three years starting February 17, 2024, with vested units converting into common stock one‑for‑one.

What indirect Origin Bancorp holdings does Derek McGee report in this Form 4?

McGee reports indirect ownership of Origin Bancorp common stock through two vehicles. One position is held via an issuer retirement plan, and another through an IRA. The Form 4 lists these as indirect holdings separate from his directly owned common stock.