Form 4: Origin Bancorp Executive Stephen H. Brolly Reports Acquisition of Restricted Stock Units
SEC Filing
Stephen H. Brolly, Chief Accounting Officer of Origin Bancorp, reports the acquisition of 2,105 restricted stock units on February 20, 2025, vesting ratably over three years.
Summary
- On February 21, 2025, Stephen H. Brolly, Chief Accounting Officer of Origin Bancorp, filed a Form 4 with the SEC.
- The filing reports the acquisition of 2,105 restricted stock units on February 20, 2025.
- These restricted stock units represent the contingent right to receive one share of Origin Bancorp's common stock or cash equal to the fair value thereof at settlement.
- The restricted stock units vest ratably over three years, with the first vesting date on February 20, 2026.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of restricted stock units aligns the interests of the Chief Accounting Officer with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of earliest transaction: Acquisition of 2,105 restricted stock units. |
| 02/20/2026 | First vest day for the restricted stock units. |
| 02/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Origin Bancorp, Restricted Stock Units, Beneficial Ownership, Stephen H. Brolly, OBK, Chief Accounting Officer
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