Martin Lance Hall - 17 Feb 2025 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
OBK COO, Origin Bank Pres&CEO
Signature
/s/ Drake Mills, as Attorney-in-Fact
Issuer symbol
OBK
Transactions as of
17 Feb 2025
Net transactions value
-$70,656
Form type
4
Filing time
19 Feb 2025, 17:48:36 UTC
Previous filing
21 Aug 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBK Common Stock Options Exercise +1,261 +5% 26,687 17 Feb 2025 Direct F1
transaction OBK Common Stock Tax liability $24,216 -603 -2.3% $40.16 26,084 17 Feb 2025 Direct F2
transaction OBK Common Stock Options Exercise +931 +3.6% 27,015 18 Feb 2025 Direct F1
transaction OBK Common Stock Tax liability $16,271 -411 -1.5% $39.59 26,604 18 Feb 2025 Direct F2
transaction OBK Common Stock Award $0 +1,783 +6.7% $0.000000 28,387 18 Feb 2025 Direct F3
transaction OBK Common Stock Tax liability $30,168 -762 -2.7% $39.59 27,625 18 Feb 2025 Direct F4
holding OBK Common Stock 34,874 17 Feb 2025 BY ISSUER RETIREMENT PLAN

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OBK Restricted Stock Units Options Exercise $0 -1,261 -50% $0.000000 1,262 17 Feb 2025 Common Stock 1,261 Direct F1, F5
transaction OBK Restricted Stock Units Options Exercise $0 -931 -100% $0.000000 0 18 Feb 2025 Common Stock 931 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 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.
F3 Represents performance stock units vested on February 18, 2025, upon achieving predetermined performance metrics during the three-year performance period, which were granted on February 18, 2022.
F4 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 performance stock units and does not represent a sale.
F5 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F6 Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 18, 2023.