Form 4: Origin Bancorp Director Gary E. Luffey Acquires Shares of Restricted Stock

Director Gary E. Luffey acquired 1,514 shares of Origin Bancorp restricted stock at $33.03 per share on May 20, 2024, as compensation for his service as a director.

Summary

• On May 20, 2024, Gary E. Luffey, a director of Origin Bancorp, Inc., acquired 1,514 shares of common stock.
• The acquisition was a grant of restricted stock as compensation for his service as a director.
• The price of the stock was $33.03 per share.
• Following the transaction, Luffey directly owns 158,642 shares of Origin Bancorp.
• The restricted stock will vest on April 23, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, but it's a routine transaction related to compensation.

Positives

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

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's prospects. Acquisitions by directors are often viewed positively, suggesting confidence in the company's performance.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates