Form 4: Origin Bancorp CRO Jim Crotwell Equity Transaction
Statement of Changes in Beneficial Ownership
Chief Risk Officer Jim Crotwell acquired 858 shares of Origin Bancorp common stock through the vesting of restricted stock units.
Summary
- Chief Risk Officer Jim Crotwell acquired 858 shares of common stock upon the vesting of restricted stock units (RSUs) on May 20, 2026.
- A total of 219 shares were withheld by the issuer to satisfy tax obligations related to the RSU settlement.
- Following these transactions, the reporting person holds 12,644 shares directly, in addition to 14,026 shares in a retirement plan and 24,475 shares in an IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive equity compensation.
Positives
- The transaction reflects the vesting of equity-based compensation, aligning the interests of the Chief Risk Officer with shareholders.
Negatives
- None identified; this is a routine equity compensation settlement.
Risks
- None identified; this is a standard administrative filing regarding executive compensation.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive compensation and does not indicate a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The transaction follows standard industry practices for equity-based compensation and tax withholding for bank executives.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine compensation event.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Original grant date of the restricted stock units. |
| 05/20/2026 | Date of the RSU vesting and tax withholding transaction. |
| 05/22/2026 | Date of filing. |
Keywords
Origin Bancorp, OBK, Insider Trading, Form 4, Equity Compensation, Chief Risk Officer
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