Form 4: Origin Bancorp Director James Samuel D'Agostino Jr. Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Director James Samuel D'Agostino Jr. reports acquiring 1,476 shares of Origin Bancorp restricted stock at $33.89 per share on May 20, 2025, as compensation for his service as a director.
Summary
- On May 20, 2025, James Samuel D'Agostino Jr., a director of Origin Bancorp, Inc. [OBK], acquired 1,476 shares of common stock.
- The acquisition was in the form of restricted stock granted 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, D'Agostino directly owns 46,917 shares of Origin Bancorp common stock.
- D'Agostino also indirectly owns 18,131 shares through Houston Trust Company, where he serves as Chairman of the board of directors and on the investment committee.
- He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in Houston Trust Company.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director suggests confidence in the company, but it's a routine transaction.
Positives
- The acquisition of restricted stock indicates confidence in the company's future performance from a board member.
Future Outlook
The report does not contain any specific forward-looking statements regarding the company's future performance.
Management Comments
- The reporting person disclaims any beneficial ownership in the shares of common stock held by Houston Trust Company, except to the extent of his pecuniary interest in Houston Trust Company.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of transaction: Acquisition of 1,476 shares of restricted stock. |
| 05/21/2025 | Date of report filing. |
| 04/22/2026 | Vesting date for the acquired restricted stock. |
Keywords
Origin Bancorp, Director, D'Agostino, Restricted Stock, Beneficial Ownership, Form 4, OBK
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