Director Meryl Kennedy Farr receives 1,162 restricted Origin Bancorp (OBK) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Farr Meryl Kennedy reported acquisition or exercise transactions in this Form 4 filing.
Origin Bancorp, Inc. director Meryl Kennedy Farr received a grant of 1,162 shares of common stock as equity compensation. The shares were valued at $47.35 per share for reporting purposes, bringing her direct holdings to 7,629 shares after the grant.
The footnote explains these shares are restricted stock granted for service as a director. They will vest on the date of the next annual meeting of stockholders following the April 28, 2026 grant date, or on April 28, 2027 if that meeting occurs less than 50 weeks after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Farr Meryl Kennedy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,162 | $47.35 | $55K |
Holdings After Transaction:
Common Stock — 7,629 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 1,162 shares
Grant price: $47.35 per share
Post-transaction holdings: 7,629 shares
+2 more
5 metrics
Restricted stock grant
1,162 shares
Common Stock granted April 28, 2026
Grant price
$47.35 per share
Reported value for restricted stock grant
Post-transaction holdings
7,629 shares
Direct holdings after the grant
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Vesting backstop date
April 28, 2027
Latest possible vesting date if annual meeting is within 50 weeks
Key Terms
restricted stock, annual meeting of stockholders, grant, award, or other acquisition, Common Stock
4 terms
restricted stock financial
"Represents shares of restricted stock granted to reporting person by the issuer as compensation"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
annual meeting of stockholders regulatory
"The shares will vest on the date of the next annual meeting of stockholders following the grant date"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Origin Bancorp (OBK) report for Meryl Kennedy Farr?
Origin Bancorp reported that director Meryl Kennedy Farr received 1,162 shares of restricted common stock as equity compensation. The award is reported at $47.35 per share and increased her direct holdings to 7,629 shares after the grant, according to the Form 4 filing.
Was Meryl Kennedy Farr’s Origin Bancorp (OBK) transaction an open-market purchase or a grant?
The filing shows a grant or award acquisition coded as “A,” not an open-market purchase. These 1,162 shares of restricted stock were granted as compensation for her service as a director, rather than bought or sold in the open market.