William J. Wallace IV, Chief Financial Officer of Origin Bancorp, Inc. (NYSE:OBK), filed a Form 4 on August 21, 2026, disclosing transactions in common stock and restricted stock units dated August 19, 2026.

Key Highlights

  • RSU conversion: 2,226 restricted stock units were converted into 2,226 shares of common stock on a one-for-one basis (transaction code M) on August 19, 2026.
  • Tax withholding: 593 shares were withheld by the issuer at $52.51 per share to satisfy income tax withholding obligations in connection with the net settlement of the restricted stock units (transaction code F).
  • Direct ownership following transactions: Wallace directly holds 19,046 shares of common stock after the reported transactions.
  • Indirect ownership: Wallace also holds 3,761 shares indirectly through the issuer retirement plan.
  • ESPP shares included: The post-transaction direct ownership total includes 851 shares purchased under the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan for the purchase period of June 01, 2025 to May 31, 2026.
  • RSU grant details: The restricted stock units were granted on August 19, 2022, vesting ratably over five years with the first vest date of August 19, 2023.

Origin Bancorp CFO Wallace's August 2026 RSU Settlement Details

According to the filing, Wallace's transactions on August 19, 2026 involved the vesting and net settlement of restricted stock units originally granted on August 19, 2022. The filing states the RSUs were granted vesting ratably over five years, with the first vest date of August 19, 2023. On conversion, 2,226 RSUs were acquired as common stock via transaction code M, reflecting the one-for-one conversion ratio disclosed in the filing's footnotes.

The filing explains that 593 shares of common stock were withheld by the issuer at a price of $52.51 per share to satisfy income tax withholding and remittance obligations in connection with the net settlement. The filing explicitly states this "does not represent a sale." Following these transactions, Wallace's direct beneficial ownership stood at 19,046 shares, which the filing notes includes 851 shares purchased under the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan for the purchase period of June 01, 2025 to May 31, 2026.

In addition to direct holdings, the filing reports that Wallace holds 3,761 shares indirectly through the issuer retirement plan. The Form 4 was signed by Drake Mills as Attorney-in-Fact and filed on August 21, 2026. Following the reported transactions, 2,226 restricted stock units remain listed as beneficially owned directly in Table II of the filing.

What Was Disclosed

Origin Bancorp CFO William J. Wallace IV disclosed the vesting of 2,226 restricted stock units into common stock, the withholding of 593 shares for tax obligations at $52.51 per share, and a resulting direct beneficial ownership of 19,046 shares as of August 19, 2026.