Brolly Stephen H 4

What Happened

• Stephen H. Brolly, Chief Accounting Officer of Origin Bancorp (OBK), had 702 restricted stock units (RSUs) vest/convert on 2026-02-20. The company withheld 309 shares to satisfy tax withholding obligations (value reported: $43.97/share, $13,587 total), leaving 393 net shares delivered to him. On the same date he was also granted 1,891 new RSUs (no cash change).

Key Details

• Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (filed 4 days after the transactions).
• Vested/converted: 702 RSUs converted into common shares; 309 shares withheld for taxes at $43.97/share = $13,587.
• Net shares received from vesting: 702 - 309 = 393 shares delivered to Brolly.
• New grant: 1,891 RSUs granted 2/20/2026 (vesting ratably over 3 years; first vest date 2/20/2027).
• Relevant footnotes: RSUs convert one-for-one to common stock; withheld shares were retained by the issuer to satisfy tax withholding and do not represent an open-market sale. The vested 702 RSUs relate to a prior grant made 2/20/2025 (vests ratably over 3 years, first vesting 2/20/2026).
• Shares owned after transaction: not reported in the supplied filing details.

Context

• This was a standard RSU vesting/net-settlement + new RSU award, not an open-market purchase or sale. The withholding is a tax-remittance action, not a discretionary sale by the insider. New RSUs vest over time, so they do not represent immediate stock purchases or sales.