Form 4: Origin Bancorp Director Michael Jones Transfers 500 Shares as Gift
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
| Date | Description |
|---|---|
| 11/13/2024 | Date of the stock transfer. |
| 11/15/2024 | Date the form was signed. |
Keywords
Origin Bancorp, Michael Jones, stock transfer, gift, director, share ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.