Form 4: Origin Bancorp Executive Jim Crotwell Reports Stock Transactions

Jim Crotwell, Chief Risk Officer of Origin Bancorp, reports transactions involving common stock and restricted stock units.

Summary

• On February 17 and 18, 2025, Jim Crotwell, Chief Risk Officer of Origin Bancorp, engaged in transactions involving the company's common stock and restricted stock units.
• These transactions included the vesting and conversion of restricted stock units into common stock, as well as the withholding of shares by the issuer to cover income tax obligations.
• Crotwell also acquired performance stock units that vested on February 18, 2025, based on achieving predetermined performance metrics.
• Following these transactions, Crotwell directly owns 9,560 shares of common stock and indirectly owns 11,984 shares through the Issuer Retirement Plan and 21,475 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of restricted stock units and performance stock units indicates that performance metrics were met, which could be viewed positively.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key executive at Origin Bancorp.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding, but the effect is likely minimal.

Key Dates

Keywords

Origin Bancorp, Jim Crotwell, Form 4, Stock Transactions, Restricted Stock Units, Performance Stock Units, Common Stock, Beneficial Ownership