Form 4: Origin Bancorp Director Andrea La'Verne Edney Acquires Shares as Compensation

Sentiment:

SEC Form 4 Filing


Director Andrea La'Verne Edney acquired 1,514 shares of Origin Bancorp, Inc. restricted stock as compensation for service as a director.

Summary

  • On May 20, 2024, Andrea La'Verne Edney, a director of Origin Bancorp, Inc., acquired 1,514 shares of common stock at a price of $33.03 per share.
  • These shares were granted as restricted stock as compensation for her service as a director.
  • The shares will vest on April 23, 2025.
  • Following the transaction, Edney directly owns 4,853 shares of Origin Bancorp, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The director acquiring shares as compensation is generally a positive sign, but it's a routine event.

Positives

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

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

This is a routine disclosure of a director's stock transaction, common in publicly traded companies. It reflects part of director compensation practices.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

DateDescription
05/20/2024Date of transaction: Andrea La'Verne Edney acquired 1,514 shares of Origin Bancorp, Inc.
04/23/2025Vesting date for the restricted stock.
05/21/2024Date of signature on the Form 4 filing.

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