Form 4: Origin Bancorp Director Acquires Shares as Part of Compensation Package

Sentiment:

SEC Form 4


Director Daniel Chu acquired 1,476 shares of Origin Bancorp, Inc. as part of a restricted stock grant for director service.

Summary

  • On May 20, 2025, Daniel Chu, a director of Origin Bancorp, Inc., acquired 1,476 shares of common stock at a price of $33.89 per share.
  • This acquisition was part of a restricted stock grant awarded as compensation for his service as a director.
  • The shares will vest on April 22, 2026.
  • Following the transaction, Chu directly owns 5,459 shares of Origin Bancorp, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence, but it's a routine transaction.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This type of stock grant is a common practice for compensating directors of publicly traded companies. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

DateDescription
05/20/2025Date of transaction: Daniel Chu acquired 1,476 shares of Origin Bancorp, Inc.
05/21/2025Date of signature on the Form 4 filing.
04/22/2026Vesting date for the restricted stock.

Keywords

Origin Bancorp, Director, Daniel Chu, Stock Acquisition, Restricted Stock, Compensation, OBK

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