Origin Bancorp (OBK) Director Cecil W. Jones Buys 3,700 Shares
$OBK · Origin Bancorp, Inc.Research Summary
AI-generated summary of this SEC filing
Origin Bancorp (OBK) Director Cecil W. Jones Buys 3,700 Shares
What Happened
Cecil W. Jones, a director of Origin Bancorp, Inc. (OBK), purchased 3,700 shares in an open-market transaction on August 7, 2026. The shares were acquired at $53.86 per share for a total of approximately $199,282. This was a straightforward purchase (SEC transaction code "P"), which investors often view as a more informative action than routine sales.
Key Details
- Transaction date and price: 2026-08-07 at $53.86 per share.
- Shares purchased: 3,700; total value ≈ $199,282.
- Filing date: Form 4 filed on 2026-08-10 (filed within the standard two-business-day reporting window).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes were indicated in the provided data.
Context
An open-market purchase means the director bought existing shares (not an option exercise or award). The filing shows a personal acquisition by a director rather than a corporate grant or derivative transaction. Purchases by insiders can signal confidence, but they should be considered alongside other information about the company and the insider’s overall holdings.