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

Role
Chief Credit & Banking Officer
Signature
/s/ Drake Mills, as Attorney-in-Fact
Issuer symbol
OBK
Transactions as of
17 Feb 2025
Net transactions value
$0
Form type
4
Filing time
19 Feb 2025, 17:51:58 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 +799 +1.8% 45,814 17 Feb 2025 Direct F1, F2
transaction OBK Common Stock Disposed to Issuer -799 -1.7% 45,015 17 Feb 2025 Direct F1, F2, F3
transaction OBK Common Stock Options Exercise +586 +1.3% 45,601 18 Feb 2025 Direct F1, F2
transaction OBK Common Stock Award $0 +1,123 +2.5% $0.000000 46,724 18 Feb 2025 Direct F2, F4
holding OBK Common Stock 13,760 17 Feb 2025 BY ISSUER RETIREMENT PLAN
holding OBK Common Stock 1,500 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 -799 -50% $0.000000 799 17 Feb 2025 Common Stock 799 Direct F1, F5
transaction OBK Deferred Stock Units Award $0 +799 +100% $0.000000 1,597 17 Feb 2025 Common Stock 799 Direct F6, F7
transaction OBK Restricted Stock Units Options Exercise $0 -586 -100% $0.000000 0 18 Feb 2025 Common Stock 586 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 In connection with the vesting on February 17, 2025, of 799 restricted stock units ("RSUs") previously granted to the reporting person, all 799 shares of common stock was deferred, resulting in the reporting person's receipt of 799 deferred stock units ("DSUs") pursuant to the issuer's Long Term Equity Deferred Compensation Plan. The reporting person is therefore reporting the disposition of 799 shares of common stock in exchange for an equal number of DSUs.
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 Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
F6 Each DSU represents a right to receive, at settlement, one share of common stock of the issuer.
F7 The DSUs become payable in annual installments over five years while in active service, beginning as soon as feasible after June 1, 2028.
F8 Granted on February 18, 2022, vesting ratably over three years with the first vest date of February 18, 2023.