Moore Preston 4

4 · Origin Bancorp, Inc. · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

Origin Bancorp CCO Moore Preston Converts 799 RSUs to Deferred Stock Units

What Happened

Moore Preston, Chief Credit & Banking Officer of Origin Bancorp (OBK), had 799 restricted stock units (RSUs) vest on Feb 17, 2026. Those 799 vested RSUs converted into 799 shares of common stock and were immediately deferred back to the company in exchange for 799 deferred stock units (DSUs). The transaction shows zero cash exchanged (exercise/conversion at $0.00) and a disposition to the issuer rather than an open‑market sale—this is a deferral of compensation, not a cash sale or purchase.

Key Details

Transaction date: February 17, 2026 (Form 4 filed Feb 19, 2026 — timely within the two‑business‑day reporting window).
Shares involved: 799 RSUs vested → 799 shares converted → 799 DSUs received (no cash proceeds; exercise/conversion price reported as $0.00).
Transaction codes: M = exercise/conversion of derivative; D = disposition to issuer (exchange of shares for DSUs).
Post‑transaction public holdings: Not specified in the provided excerpt.
Relevant footnotes from the filing:
- F1: RSUs convert one‑for‑one into common stock.
- F2: All 799 shares were deferred, resulting in receipt of 799 DSUs under the issuer’s Long Term Equity Deferred Compensation Plan.
- F3: RSUs were originally granted Feb 17, 2023 and vested ratably over three years.
- F4: Each DSU equals the right to one share at settlement.
- F5: DSUs payable in annual installments over five years while in active service, beginning as soon as feasible after June 1, 2028.

Context

This was a compensation deferral (vesting + immediate deferral) rather than a market sale or a cash purchase. For retail investors, such transactions generally reflect personal compensation elections and do not by themselves signal buying or selling for investment reasons. The filing uses derivative conversion codes because RSUs converted to stock and then were deferred as DSUs under a long‑term deferred compensation plan.

Form 4

Period: 2026-02-17

Chief Credit & Banking Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-17+799→ 55,681 total
Disposition to Issuer
Common Stock
[F2][F1]
2026-02-17−799→ 54,882 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-17−799→ 0 total
→ Common Stock (799 underlying)
Exercise/Conversion
Deferred Stock Units
[F4][F5]
2026-02-17+799→ 2,396 total
→ Common Stock (799 underlying)

Holdings

Footnotes (5)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F2]In connection with the vesting on February 17, 2026, of 799 restricted stock units ("RSUs") previously granted to the reporting person, all 799 shares of common stock was deferred, resulting in the reporting person's receipt of 799 deferred stock units ("DSUs") pursuant to the issuer's Long Term Equity Deferred Compensation Plan. The reporting person is therefore reporting the disposition of 799 shares of common stock in exchange for an equal number of DSUs.
[F3]Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
[F4]Each DSU represents a right to receive, at settlement, one share of common stock of the issuer.
[F5]The DSUs become payable in annual installments over five years while in active service, beginning as soon as feasible after June 1, 2028.

Signature

/s/ Drake Mills, as Attorney-in-Fact|2026-02-19

1 file