Brolly Stephen H 4
4 · Origin Bancorp, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Origin Bancorp (OBK) CAO Stephen Brolly Receives 839 RSU Shares
What Happened
- Stephen H. Brolly, Chief Accounting Officer of Origin Bancorp (OBK), had 839 restricted stock units (RSUs) convert into 839 shares on May 20, 2026. To cover tax withholding, 231 of those shares were withheld by the issuer (not sold), leaving a net 608 shares issued to him.
- The withholding was recorded at $47.38 per share for a tax-withheld value of $10,945. Based on that price, the gross value of the 839 shares is about $39,752.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely).
- Conversion type: M (exercise/conversion of derivative — RSU vesting); F (shares withheld to satisfy tax liabilities).
- Shares: 839 RSUs converted; 231 shares withheld for taxes; net 608 shares delivered to the insider.
- Tax withholding: 231 shares withheld by issuer to satisfy income tax withholding (footnote indicates this is not a market sale).
- Grant/vesting note: These RSUs were granted May 20, 2024 and vest ratably over three years with the first vest date May 20, 2025.
- Shares owned after transaction: not provided in the supplied excerpt.
Context
- This is a routine vesting of RSUs with net settlement for tax withholding (common practice). The withholding of shares to cover taxes is not an open-market sale and does not by itself indicate a bearish or bullish view by the insider.
- Code M indicates conversion/exercise of a derivative (here, RSUs). Code F indicates shares were used to satisfy tax obligations.
Insider Transaction Report
Form 4
Brolly Stephen H
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-20+839→ 23,958 total - Tax Payment
Common Stock
[F2]2026-05-20$47.38/sh−231$10,945→ 23,727 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-05-20−839→ 839 total→ Common Stock (839 underlying)
Holdings
- 7,450(indirect: BY ISSUER RETIREMENT PLAN)
Common Stock
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
- [F3]Granted on May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
Signature
/s/ Drake Mills, as Attorney-in-Fact|2026-05-22