Director Buys Shares in Origin Bancorp Following Significant Stock Rally
On August 10, 2026, Director Cecil W. Jones of Origin Bancorp (OBK) purchased 3,700 shares at $53.86 per share for a total value of approximately $199,282. This transaction increased his direct stake in the company by 27%, bringing his holdings to 17,647 shares valued at around $950,114 as of August 7, 2026. Origin Bancorp is a regional bank operating primarily in Texas, Louisiana, and Mississippi with a market capitalization of $1.7 billion. The company reported trailing twelve-month revenue of $611.3 million and net income of $99.7 million as of the transaction date. Over the past year leading up to August 2026, OBK shares had appreciated by 52%, indicating strong performance. The purchase is seen as a positive signal from an insider perspective, suggesting confidence in the company's stock despite its slight underperformance compared to broader market indices like the S&P 500 over the past five years.
Tickers: $OBK
Topics: finance regulatory filings stock ownership