Wallace Willliam J IV 4

What Happened

• Wallace William J IV, Chief Financial Officer of Origin Bancorp (OBK), had 959 restricted stock units convert into common stock on May 20, 2026. To satisfy tax withholding, 271 of those shares were withheld by the issuer at $47.38 per share for a withholding value of $12,840. The net shares delivered to the CFO were 688 (959 vested - 271 withheld). This was not an open-market sale; it was the normal settlement of a compensation award.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely — within the typical 2‑business‑day window).
• Conversion/vesting: 959 restricted stock units converted to 959 common shares (F1).
• Tax withholding: 271 shares withheld at $47.38/share, total $12,840 (F2) — withholding is not a sale on the open market.
• Net shares received: 688 shares.
• Shares owned after transaction: Not stated in this filing.
• Grant/vesting info: These RSUs were granted May 20, 2024 and vest ratably over three years, with the first vesting on May 20, 2025 (F3).

Context

• This filing reflects the routine vesting and net settlement of restricted stock units (a form of compensation), not a market purchase or open‑market sale. Withholding of shares to cover taxes is common and should not be interpreted as an investment decision by the insider.