Form 4: Origin Bancorp Executive Preston Moore Reports Stock Transactions
SEC Form 4 Filing
Preston Moore, Chief Credit & Banking Officer of Origin Bancorp, reports the vesting of restricted stock units and associated tax withholding.
Summary
- Preston Moore, Chief Credit & Banking Officer of Origin Bancorp, filed a Form 4 detailing changes in beneficial ownership.
- On May 20, 2025, 959 restricted stock units vested and converted into common stock.
- The issuer withheld 221 shares of common stock at a price of $33.89 to satisfy income tax withholding obligations.
- Following these transactions, Moore directly owns 47,462 shares of common stock and indirectly owns 1,500 shares through an IRA and 14,070 shares through the issuer's retirement plan.
- Moore also directly owns 1,918 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Stakeholder Impact
- The transaction affects the executive's holdings and potentially signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date restricted stock units were granted, vesting ratably over three years. |
| 05/20/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 05/21/2025 | Date of Form 4 signature. |
Keywords
Form 4, Origin Bancorp, Preston Moore, restricted stock units, beneficial ownership, stock transaction, OBK
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