Derek McGee - 17 Feb 2025 Form 4 Insider Report for Origin Bancorp, Inc. (OBK)

Role
Chief Legal Counsel
Signature
/s/ Drake Mills, as Attorney-in-Fact
Issuer symbol
OBK
Transactions as of
17 Feb 2025
Net transactions value
-$58,170
Form type
4
Filing time
19 Feb 2025, 17:50:04 UTC
Previous filing
21 May 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 +998 +9.9% 11,081 17 Feb 2025 Direct F1, F2
transaction OBK Common Stock Tax liability $12,048 -300 -2.7% $40.16 10,781 17 Feb 2025 Direct F2, F3
transaction OBK Common Stock Options Exercise +837 +7.8% 11,618 18 Feb 2025 Direct F1, F2
transaction OBK Common Stock Tax liability $7,443 -188 -1.6% $39.59 11,430 18 Feb 2025 Direct F2, F3
transaction OBK Common Stock Options Exercise +2,233 +20% 13,663 18 Feb 2025 Direct F1, F2
transaction OBK Common Stock Tax liability $20,666 -522 -3.8% $39.59 13,141 18 Feb 2025 Direct F2, F3
transaction OBK Common Stock Award $0 +1,604 +12% $0.000000 14,745 18 Feb 2025 Direct F2, F4
transaction OBK Common Stock Tax liability $18,013 -455 -3.1% $39.59 14,290 18 Feb 2025 Direct F2, F5
holding OBK Common Stock 464 17 Feb 2025 BY ISSUER RETIREMENT PLAN
holding OBK Common Stock 735 17 Feb 2025 By IRA

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 -998 -50% $0.000000 999 17 Feb 2025 Common Stock 998 Direct F1, F6
transaction OBK Restricted Stock Units Options Exercise $0 -837 -100% $0.000000 0 18 Feb 2025 Common Stock 837 Direct F1, F7
transaction OBK Restricted Stock Units Options Exercise $0 -2,233 -33% $0.000000 4,469 18 Feb 2025 Common Stock 2,233 Direct F1, F8
* 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 Includes 971 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2023 to May 31, 2024.
F3 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.
F4 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.
F5 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.
F6 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F7 Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 18, 2023.
F8 Granted on February 18, 2022, vesting ratably over five years with the first vest date of February 18, 2023.