Form 4: Origin Bancorp Director Michael Jones Transfers 500 Shares as Gift

Sentiment:

SEC Form 4 Filing


Origin Bancorp director Michael Jones gifted 500 shares of common stock to his grandchildren.

Summary

  • Michael Jones, a director at Origin Bancorp, transferred 500 shares of the company's common stock.
  • The shares were gifted to two of his grandchildren.
  • The transaction occurred on November 13, 2024.
  • The price per share at the time of the transaction was $35.14.
  • Following the transaction, Mr. Jones directly owns 212,206 shares of Origin Bancorp.

Sentiment

Score: 5

Explanation: The document is a routine filing for a stock transfer and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction for a company director and does not indicate any significant trend in the banking industry.

Comparison to Industry Standards

  • Director stock transactions are common across publicly traded companies.
  • The size of this transaction is relatively small compared to overall trading volumes of Origin Bancorp.
  • Similar transactions are regularly reported by directors of comparable financial institutions.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a small transfer of shares.
  • The transaction does not impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/13/2024Date of the stock transfer.
11/15/2024Date the form was signed.

Keywords

Origin Bancorp, Michael Jones, stock transfer, gift, director, share ownership

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