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

Sentiment:

SEC Form 4 Filing


James E. Davison Jr., a director at Origin Bancorp, acquired 1,476 shares of common stock as part of his compensation, increasing his total holdings to 673,430 shares.

Summary

  • On May 20, 2025, James E. Davison Jr., a director of Origin Bancorp, Inc., acquired 1,476 shares of common stock.
  • The acquisition was part of a restricted stock grant as compensation for his service as a director.
  • The price per share was $33.89.
  • These shares will vest on April 22, 2026.
  • Following the transaction, Davison's total beneficial ownership in Origin Bancorp is 673,430 shares.

Sentiment

Score: 7

Explanation: Director acquiring shares is generally a positive sign, indicating confidence in the company. The transaction is part of a standard compensation package, so it's not overly significant, but still slightly positive.

Positives

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

Industry Context

Director share acquisitions are common in the banking industry as part of compensation packages and alignment of interests with shareholders.

Comparison to Industry Standards

  • Director compensation packages often include stock grants to align their interests with shareholders, similar to practices at institutions like Bank of America and JPMorgan Chase.
  • The vesting schedule of the restricted stock is typical, often spanning one to three years, comparable to vesting schedules at Wells Fargo and Citigroup.

Stakeholder Impact

  • The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

DateDescription
05/20/2025Date of transaction: James E. Davison Jr. acquired 1,476 shares of Origin Bancorp common stock.
05/21/2025Date of filing: Form 4 filing date.
04/22/2026Vesting date: The 1,476 shares of restricted stock will vest.

Keywords

Origin Bancorp, Director, Share Acquisition, Form 4, Davison, Restricted Stock, Compensation, Beneficial Ownership

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