Form 4: Origin Bancorp Chief Risk Officer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Jim Crotwell, Chief Risk Officer of Origin Bancorp, reports the vesting and subsequent tax withholding of common stock related to restricted stock units.

Summary

  • On May 20, 2025, Jim Crotwell, the Chief Risk Officer of Origin Bancorp, had 858 restricted stock units vest, which converted into common stock on a one-for-one basis.
  • The company withheld 225 shares of common stock at a price of $33.89 to satisfy income tax withholding obligations.
  • Following these transactions, Crotwell directly owns 10,193 shares of common stock.
  • Crotwell also indirectly owns 21,475 shares through an IRA and 12,789 shares through the Issuer Retirement Plan.
  • After the transaction, Crotwell directly owns 1,716 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices, so the sentiment is neutral.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. These filings are a routine part of corporate governance and provide transparency into the trading activities of company executives.

Key Dates

DateDescription
05/20/2024Date the restricted stock units were granted, vesting ratably over three years.
05/20/2025Date of the reported transaction: vesting of restricted stock units and tax withholding.
05/21/2025Date of signature for the Form 4 filing.

Keywords

Form 4, Origin Bancorp, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Crotwell, OBK, Chief Risk Officer

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