Gallot Richard J. Jr. 4

What Happened

• Richard J. Gallot Jr., a director of Origin Bancorp, was granted 1,162 restricted shares (transaction code A) on April 28, 2026. The grant is recorded at $47.35 per share, a total value of $55,021. This was an award/compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-28; 1,162 shares at $47.35 each (total $55,021).
• Grant type: Restricted stock awarded as director compensation (Form 4 code A).
• Vesting: Shares will vest on the date of the next annual meeting of stockholders following the grant date; if that meeting occurs less than 50 weeks after the grant date, the shares will vest on April 28, 2027 (per filing footnote).
• Shares owned after transaction: Not specified in the provided filing extract.
• Filing timeliness: Form 4 was filed on 2026-04-30 for a 2026-04-28 transaction; this appears to be timely (Form 4s are generally due within two business days).

Context

• This is a compensation grant (restricted stock) for board service, which is common and does not necessarily signal the director buying or selling based on conviction. Restricted shares are subject to vesting conditions noted above, so the director cannot freely sell them until they vest.