Form 4: Origin Bancorp Director James E. Davison Jr. Acquires Shares as Part of Compensation Package
SEC Form 4
Director James E. Davison Jr. acquired 1,514 shares of Origin Bancorp, Inc. as part of a restricted stock grant for director services.
Summary
- On May 20, 2024, James E. Davison Jr., a director of Origin Bancorp, Inc., acquired 1,514 shares of common stock.
- The acquisition was part of a restricted stock grant awarded as compensation for his service as a director.
- The price per share was $33.03.
- Following the transaction, Davison directly owns 671,954 shares of Origin Bancorp, Inc.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral sentiment. It shows confidence from the director in the company.
Positives
- The acquisition reflects the director's continued investment and confidence in Origin Bancorp, Inc.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies as part of executive compensation packages. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment as it reflects a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of transaction: James E. Davison Jr. acquired 1,514 shares of Origin Bancorp, Inc. |
| 04/23/2025 | Vesting date for the restricted stock granted to James E. Davison Jr. |
| 05/21/2024 | Date of signature on the SEC Form 4 filing. |
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