Wallace Willliam J IV 4

4 · Origin Bancorp, Inc. · Filed Feb 24, 2026

AI-generated summary of this filing

Updated Feb 24, 2026

Origin Bancorp (OBK) CFO Wallace Willliam J IV Exercises RSUs; Shares Withheld

What Happened

Wallace Willliam J IV, Chief Financial Officer of Origin Bancorp (OBK), had restricted stock units (RSUs) vest/convert and received a new RSU grant on Feb 20, 2026. Specifically, 802 RSUs converted into common stock (exercise/conversion, code M). To satisfy tax withholding, 277 of those shares were withheld at $43.97 per share (code F) for a withholding value of $12,180. Separately, he was granted 2,843 new RSUs (code A).

Key Details

Transaction date: February 20, 2026; Form filed: February 24, 2026 (appears timely).
Converted/vested: 802 RSUs (exercise/conversion, M).
Withheld for taxes: 277 shares at $43.97 → $12,180 (payment of tax liability, F). This is issuer withholding, not an open-market sale (see footnote F2).
New award: 2,843 RSUs granted (A).
Shares owned after the transactions: not disclosed in this filing.
Relevant footnotes:
- F1: RSUs convert into common stock on a one-for-one basis.
- F2: The 277 shares were withheld by the issuer to satisfy income tax withholding and do not represent a market sale.
- F3: The vested RSUs relate to a grant on Feb 20, 2025 that vests ratably over three years (first vest 2/20/2026).
- F5: The 2,843 RSUs were granted on Feb 20, 2026 and vest ratably over three years (first vest 2/20/2027).
- F4: Each RSU is the contingent right to receive one share (or cash equivalent) at settlement.

Context

This was a compensation-related vesting and grant (not an open-market buy or sell). The withholding of shares to cover taxes is a routine cashless settlement mechanism and should not be read as a sale indicating sentiment.

Form 4

Period: 2026-02-20

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-20+802→ 16,151 total
Tax Payment
Common Stock
[F2]
2026-02-20$43.97/sh−277$12,180→ 15,874 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-20−802→ 1,604 total
→ Common Stock (802 underlying)
Award
Restricted Stock Units
[F4][F5]
2026-02-20+2,843→ 2,843 total
→ Common Stock (2,843 underlying)

Holdings

Footnotes (5)

[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 February 20, 2025, vesting ratably over three years with the first vest date of February 20, 2026.
[F4]Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer.
[F5]Granted on February 20, 2026, vesting ratably over three years with the first vest date of February 20, 2027.

Signature

/s/ Drake Mills, as Attorney-in-Fact|2026-02-24

1 file