Wallace Willliam J IV 4

What Happened
Wallace William J IV, Chief Financial Officer of Origin Bancorp (OBK), had 799 restricted stock units (RSUs convertable one-for-one) vest and convert into 799 common shares on Feb 17, 2026. The company withheld 262 of those shares to satisfy income tax withholding (valued at $43.98 per share, totaling $11,523). The net result was 537 shares delivered to the insider. This was a conversion/vesting event (not an open‑market sale or purchase).

Key Details

• Transaction date: February 17, 2026; Form filed Feb 19, 2026 (filed promptly after the transaction).
• Primary actions reported: conversion/vesting of 799 RSUs (derivative conversion, code M) and share withholding for taxes of 262 shares (code F).
• Withholding price/value: $43.98 per share; 262 shares withheld = $11,523 remitted to cover taxes.
• Exercise/conversion price reported as $0.00, consistent with RSU vesting (no cash exercise cost).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: RSUs granted Feb 17, 2023, vest ratably over 3 years (first vest date Feb 17, 2024). Withheld shares represent tax withholding and do not represent a sale.

Context
This was a standard vesting/net‑settlement of RSUs (issuer withheld shares for taxes), which results in the insider receiving net shares but is not an open‑market purchase or sale. Such tax‑withholding dispositions are routine and should not be interpreted as directional market trading by the insider.