Form 4: Origin Bancorp Executive McGee Reports Stock Transactions

Derek McGee, Chief Legal Counsel at Origin Bancorp, reports acquisition and disposal of common stock and restricted stock units.

Summary

• On May 20, 2025, Derek McGee, Chief Legal Counsel of Origin Bancorp, engaged in transactions involving the company's stock.
• McGee acquired 1,199 shares of common stock through the conversion of restricted stock units.
• Simultaneously, McGee disposed of 305 shares to cover income tax withholding obligations at a price of $33.89 per share.
• Following these transactions, McGee directly owns 15,184 shares of common stock.
• McGee also indirectly owns 519 shares through the issuer's retirement plan and 735 shares through an IRA.
• McGee directly owns 2,397 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
• Companies like JP Morgan Chase, Bank of America, and Wells Fargo also regularly file Form 4 documents when their executives trade company stock.
• The information disclosed in this filing is consistent with the level of detail expected in such reports.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It assures stakeholders that executives are adhering to regulations regarding stock trading.

Key Dates

Keywords

Origin Bancorp, Derek McGee, stock transactions, Form 4, restricted stock units, common stock, insider trading