Davison James E. Jr. 4
Research Summary
AI-generated summary
Origin Bancorp (OBK) Director James E. Davison Jr. Transfers 336,715 Shares
What Happened
- James E. Davison Jr., a director of Origin Bancorp (OBK), reported multiple "other acquisition or disposition" transactions on May 21, 2026. The filing shows a disposition of 336,715 shares and acquisitions totaling 336,715 shares (in four lots: 43,996; 97,573; 97,574; 97,572). No per-share prices were reported (N/A). The filing’s footnotes state these were transfers of common stock to trusts in connection with a private exchange of shares and cash for property of equal value.
Key Details
- Transaction date: May 21, 2026; Form 4 filed May 22, 2026 (appears timely, one day after the transactions).
- Transaction type/code: "Other acquisition or disposition" (code J) — a non-standard transfer; price reported as N/A (private transaction).
- Share movements: Disposed 336,715 shares; acquired 43,996; 97,573; 97,574; and 97,572 shares (acquisitions total = dispositions).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 notes transfers to trusts in connection with a private exchange of stock and cash for property of equal value. F2 and F3 state certain shares are beneficially owned by family trusts and that Davison disclaims direct beneficial ownership except to the extent of any pecuniary interest.
Context
- These entries reflect internal transfers to family trusts (estate/wealth planning or re-titling), not an open-market buy or sale. Because the transfers were part of a private exchange and no price/market sale is shown, this filing does not directly indicate a bullish or bearish market trade by the director.