Form 4: Origin Bancorp Chief Risk Officer Reports Stock Transactions
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
| Date | Description |
|---|---|
| 05/20/2024 | Date the restricted stock units were granted, vesting ratably over three years. |
| 05/20/2025 | Date of the reported transaction: vesting of restricted stock units and tax withholding. |
| 05/21/2025 | Date 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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