Form 4: Origin Bancorp: Officer Brolly's Stock Transactions
SEC Form 4
Stephen H. Brolly, Chief Accounting Officer of Origin Bancorp, executed transactions involving common stock and restricted stock units on August 19, 2025.
Summary
- Stephen H. Brolly, Chief Accounting Officer of Origin Bancorp, engaged in transactions involving Origin Bancorp's common stock and restricted stock units.
- On August 19, 2025, Brolly converted 1,113 restricted stock units into common stock.
- The reporting person disposed of 289 shares to cover tax obligations at a price of $36.65.
- Following the reported transactions, Brolly directly owns 21,324 shares of common stock and indirectly owns 6,875 shares through the issuer's retirement plan.
Sentiment
Score: 5
Explanation: The filing represents routine insider transactions related to compensation and tax obligations, with no indication of significant positive or negative sentiment.
Positives
- Officer Brolly converted 1,113 restricted stock units into common stock, indicating confidence in the company's future.
- Brolly continues to hold a significant number of shares, with 21,324 shares held directly and 6,875 shares held indirectly through the issuer's retirement plan.
Negatives
- 289 shares were disposed of to cover tax obligations, which is a standard procedure but represents a slight reduction in holdings.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of insider transactions, which are common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Comparing Origin Bancorp's insider trading activity to peers like Hancock Whitney Corporation (HBHC) and First Horizon Corporation (FHN) shows similar patterns of stock transactions related to equity compensation and tax obligations.
- The vesting schedules and terms of restricted stock units are generally consistent with industry standards for executive compensation.
- The level of insider ownership is within a normal range compared to similar regional banks.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders.
- The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/19/2022 | Date restricted stock units were granted, vesting ratably over three years. |
| 06/01/2024 | Start date of the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan (ESPP) purchase period. |
| 05/31/2025 | End date of the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan (ESPP) purchase period. |
| 08/19/2025 | Date of the reported transactions: conversion of restricted stock units and tax withholding. |
| 08/19/2025 | First vest date of restricted stock units granted on August 19, 2022. |
| 08/20/2025 | Date of signature for the Form 4 filing. |
Recommendation
holdThe filing reflects routine transactions related to executive compensation and does not provide a basis for changing a hold recommendation. The insider continues to hold a significant number of shares, indicating a continued alignment with shareholder interests.
Keywords
Origin Bancorp, Stephen H. Brolly, Chief Accounting Officer, stock transactions, restricted stock units, Form 4, SEC filing, common stock, insider trading
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