Jones Michael Aubrey 4
Research Summary
AI-generated summary
Origin Bancorp (OBK) Director Michael Aubrey Jones Receives Award
What Happened Michael Aubrey Jones (listed in the filing as Jones, Michael Aubrey), a director of Origin Bancorp, received a grant of 1,162 restricted common shares on 2026-04-28. The award was recorded at $47.35 per share for a total grant value of $55,021. This was a compensation grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-04-28, 1,162 shares at $47.35 per share (total $55,021).
- Transaction type: Award/Grant of restricted stock (code A).
- Vesting: Footnote F1 states these restricted shares will vest on the date of the next annual meeting of stockholders after the grant date; if that meeting occurs less than 50 weeks after the grant date, the shares will vest on April 28, 2027.
- Shares owned after transaction: Not specified in the excerpted filing.
- Filing info/timeliness: Form 4 filed 2026-04-30 for a 2026-04-28 transaction — appears timely (Form 4 generally due within two business days).
Context Director restricted stock awards are a routine form of non‑cash compensation and are typically subject to vesting limits, so these shares are not immediately tradable. Unlike open‑market purchases, grants signal compensation policy rather than a direct buying/selling view by the insider.