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

Andrea La'Verne Edney, a director at Origin Bancorp, acquired 1,476 shares of common stock at $33.89 per share as part of a restricted stock grant for director service.

Summary

• On May 20, 2025, Andrea La'Verne Edney, a director of Origin Bancorp, Inc. (OBK), acquired 1,476 shares of common stock.
• The acquisition was part of a restricted stock grant as compensation for her service as a director.
• The price per share was $33.89.
• Following the transaction, Edney directly owns 6,388 shares of Origin Bancorp common stock.
• The restricted stock will vest on April 22, 2026.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (director share acquisition) and is generally neutral to positive, indicating confidence in the company. It is a standard part of director compensation.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The restricted stock grant aligns the director's interests with those of the shareholders.

Industry Context

Director share acquisitions are common in the banking industry as part of compensation packages to align management and shareholder interests.

Comparison to Industry Standards

• Director compensation packages often include restricted stock grants that vest over a period of years.
• The size of the grant is typical for directors of regional banks such as Origin Bancorp.
• Comparing Origin Bancorp's director compensation to peers like Hancock Whitney Corporation or Home Bancorp, Inc. would provide further context.

Related Party Transactions

• The grant of restricted stock to Andrea La'Verne Edney, a director, is a related party transaction.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.
• The restricted stock grant aligns the director's interests with those of the shareholders, encouraging long-term value creation.

Key Dates

Keywords

Origin Bancorp, Director, Share Acquisition, Restricted Stock, Compensation, OBK, Edney