Form 4: Origin Bancorp Director Gary E. Luffey Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Director Gary E. Luffey acquired 1,476 shares of Origin Bancorp restricted stock as compensation for service as a director.
Summary
- On May 20, 2025, Gary E. Luffey, a director of Origin Bancorp, Inc. (OBK), acquired 1,476 shares of common stock.
- The acquisition was a grant of restricted stock 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, Luffey directly owns 160,118 shares of Origin Bancorp.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and the acquisition of shares by a director is generally viewed as a positive, but not significantly so.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: Gary E. Luffey acquired 1,476 shares of Origin Bancorp restricted stock. |
| 05/21/2025 | Date of Form 4 signature. |
| 04/22/2026 | Vesting date for the restricted stock. |
Keywords
Origin Bancorp, Director, Gary E. Luffey, Restricted Stock, Beneficial Ownership, Form 4, OBK
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