Form 4: Origin Bancorp COO Hall Reports RSU Conversion, New Grant

Origin Bancorp's COO and Bank President & CEO, Martin Lance Hall, reported the conversion of restricted stock units into common stock, a tax-related disposition, and a new RSU grant.

Summary

• Martin Lance Hall, the Chief Operating Officer of Origin Bancorp, Inc. and President & CEO of Origin Bank, reported changes in his beneficial ownership.
• On February 20, 2026, 1,266 restricted stock units (RSUs) converted into common stock.
• Concurrently, 564 shares of common stock were withheld by the issuer at a price of $43.97 per share to satisfy income tax withholding obligations related to the RSU settlement.
• Following these transactions, direct beneficial ownership of common stock is 31,399 shares.
• An additional 35,403 shares are indirectly owned through the Issuer Retirement Plan.
• A new grant of 4,094 restricted stock units was received on February 20, 2026, which will vest ratably over three years, with the first vest date on February 20, 2027.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider filing reflecting compensation practices, with the new RSU grant indicating continued management incentive alignment, which is slightly positive.

Positives

• A new grant of 4,094 restricted stock units was issued, indicating continued incentive alignment between management and shareholders.
• The conversion of 1,266 restricted stock units into common stock increases direct share ownership (before tax withholding).

Negatives

• The disposition of 564 shares of common stock for tax withholding purposes slightly reduces direct beneficial ownership.

Future Outlook

The newly granted 4,094 restricted stock units will vest ratably over three years, with the first vest date scheduled for February 20, 2027.

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 are routine disclosures reflecting executive compensation and ownership changes. The grant of new restricted stock units is a common practice to align management incentives with long-term company performance, consistent with broader industry trends in executive compensation.

Stakeholder Impact

• Shareholders: Minor impact, as this reflects routine executive compensation and insider ownership changes. The new RSU grant aligns management interests with long-term shareholder value.

Next Steps

• Future vesting of the 4,094 restricted stock units, with the first vest date on February 20, 2027.

Key Dates

Recommendation

This Form 4 filing details routine insider compensation activities, specifically RSU vesting, tax withholding, and a new RSU grant. It does not contain information that would fundamentally alter the investment thesis for Origin Bancorp, Inc., thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Origin Bancorp, OBK, Insider Transaction, Form 4, Restricted Stock Units, RSU, Common Stock, Beneficial Ownership, Executive Compensation