Form 4: Origin Bancorp Director James Samuel D'Agostino Jr. Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director James Samuel D'Agostino Jr. reports acquiring 1,514 shares of Origin Bancorp common stock at $33.03 per share, along with indirect ownership of 18,131 shares held by Houston Trust Company.

Summary

  • On May 20, 2024, James Samuel D'Agostino Jr., a director of Origin Bancorp, Inc., acquired 1,514 shares of common stock at a price of $33.03 per share.
  • These shares were granted as restricted stock as compensation for his service as a director and will vest on April 23, 2025.
  • Following the transaction, D'Agostino directly owns 45,441 shares of Origin Bancorp common stock.
  • He also indirectly owns 18,131 shares through Houston Trust Company, where he serves as Chairman and on the investment committee.
  • D'Agostino disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in Houston Trust Company.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (director acquiring shares), which can be interpreted as a sign of confidence, but it's not a major event.

Positives

  • The acquisition of shares by a director may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are closely monitored by investors for signals about management's confidence in the company's prospects. Director share acquisitions are generally viewed positively.

Stakeholder Impact

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

Key Dates

DateDescription
05/20/2024Date of transaction: Acquisition of 1,514 shares of common stock.
04/23/2025Vesting date for the restricted stock granted to James Samuel D'Agostino Jr.
05/21/2024Date of signature on the Form 4 filing.

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