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

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

Summary

• On May 20, 2025, Cecil W. Jones, a director of Origin Bancorp, Inc. (OBK), 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 service as a director.
• The shares will vest on April 22, 2026.
• Following the transaction, Jones beneficially owns 4,209 shares of Origin Bancorp, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction related to director compensation, indicating alignment between management and shareholders.

Positives

• The acquisition reflects continued director alignment with the company's success.
• The restricted stock grant incentivizes long-term commitment from the director.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting date of the restricted stock.

Industry Context

Director stock ownership is a common practice in the banking industry to align management and shareholder interests. Restricted stock grants are a typical component of director compensation packages.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash, stock options, and restricted stock.
• The vesting schedule of the restricted stock is typical, usually ranging from one to three years.
• Comparing Origin Bancorp's director compensation structure with peers like Hancock Whitney Corporation (HBHC) or Home Bancorp, Inc. (HBCP) would provide a more detailed benchmark.

Stakeholder Impact

• The transaction signals to shareholders that the director has a vested interest in the company's long-term performance.

Key Dates

Keywords

Origin Bancorp, Director, Stock Acquisition, Restricted Stock, Compensation, OBK, Beneficial Ownership