Form 4: Origin Bancorp CFO Wallace J. Wallace IV Reports Stock Transactions

Origin Bancorp's CFO, William J. Wallace IV, reports acquisition and disposal of company stock and restricted stock units on May 20, 2025.

Summary

• On May 20, 2025, William J. Wallace IV, the Chief Financial Officer of Origin Bancorp, Inc. (OBK), reported transactions involving the company's common stock and restricted stock units.
• Wallace acquired 959 shares of common stock through the conversion of restricted stock units.
• The CFO also disposed of 277 shares of common stock to satisfy income tax withholding obligations at a price of $33.89 per share.
• Following these transactions, Wallace directly owns 7,760 shares of common stock and indirectly owns 2,484 shares through the Issuer Retirement Plan.
• He also directly owns 1,918 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in company stock. It is typical for executives to receive and manage equity compensation as part of their overall compensation package.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership of the reporting person.

Key Dates

Keywords

Origin Bancorp, OBK, William J. Wallace IV, CFO, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership