Form 4: Origin Bancorp Director James E. Davison Jr. Acquires Shares as Part of Compensation Package

Sentiment:

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

DateDescription
05/20/2024Date of transaction: James E. Davison Jr. acquired 1,514 shares of Origin Bancorp, Inc.
04/23/2025Vesting date for the restricted stock granted to James E. Davison Jr.
05/21/2024Date of signature on the SEC Form 4 filing.

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