Form 4: Origin Bancorp Executive Hall Martin Lance Reports Stock Transactions

Hall Martin Lance, COO of Origin Bank and President & CEO of Origin Bancorp, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On May 20, 2025, Hall Martin Lance, COO of Origin Bank and President & CEO of Origin Bancorp, had restricted stock units vest and convert into 1,514 shares of common stock.
• The company withheld 628 shares to satisfy income tax obligations at a price of $33.89 per share.
• Following these transactions, Hall Martin Lance directly owns 28,511 shares of common stock and indirectly owns 35,000 shares through the Issuer Retirement Plan.
• He also directly owns 3,028 restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects routine insider transactions related to executive compensation, which is generally neutral to slightly positive as it indicates alignment of management interests with shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving restricted stock units.

Comparison to Industry Standards

• The vesting schedule of the restricted stock units (ratably over three years) is a common practice in the banking industry for executive compensation.
• Tax withholding through share deductions is a standard procedure, similar to practices at comparable regional banks like Hancock Whitney Corporation or Cadence Bank.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.
• Employees may be impacted through similar compensation structures.

Key Dates

Keywords

Origin Bancorp, OBK, Hall Martin Lance, Stock, Restricted Stock Units, Form 4, Insider Trading, Beneficial Ownership