Origin Bancorp, Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Our common stock is listed on the New York Stock Exchange under the symbol “OBK”. Our common stock began trading on the Nasdaq Global Select Market on May 9, 2018, and we transferred the listing of our common stock to the New York Stock Exchange on May 22, 2023. Prior to May 9, 2018, there was no public trading market for our common stock. At February 17, 2026, there were approximately 15,584 holders of record of our common stock as reported by our transfer agent. We intend to pay quarterly cash dividends on our common stock, subject to approval by our board of directors. Although we expect to pay dividends according to our dividend policy, we may elect not to pay dividends. Any declarations of dividends, and the amount and timing thereof, will be at the discretion of our board of directors. In determining the amount of any future dividends, our board of directors will take into account our earnings, capital requirements, financial condition and any other relevant factors. The primary source for dividends paid to stockholders are dividends or capital distributions paid to the Company from the Bank. There are regulatory restrictions on the ability of the Bank to pay dividends. Therefore, there can be no assurance that we will pay any dividends to holders of our stock or the amount of any such dividends. See “Item 1. Business - Regulation and Supervision” above and see Note 18 — Capital and Regulatory Matters contained in Part II, Item 8 of this report. Equity Compensation Plans See “Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters”. 48 Table of Contents Stock Performance Graph The following graph compares the cumulative total stockholder return on our common stock to the cumulative total stockholder return for the Nasdaq Composite Index and the Nasdaq OMX ABA Community Bank TR index (collectively the “Indices”) for the period beginning on December 31, 2020, through December 31, 2025. Our stock was previously traded on Nasdaq under the symbol “OBNK” and is currently listed on the New York Stock Exchange under the symbol “OBK”. The following reflects index values as of close of trading, assumes $100.00 invested on December 31, 2020, in our common stock, and the Indices and assumes the reinvestment of dividends, if any. The historical price of our common stock represented in this graph represents past performance and is not necessarily indicative of future performance. After careful consideration of industry, average asset size, market capitalization, constituents within the indices, and overall comparability to our compensation peer group, we have determined the most comparable index is represented by the Nasdaq OMX ABA Community Bank TR Index. 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Origin Bancorp, Inc. $ 100.00 $ 156.44 $ 135.63 $ 133.95 $ 127.74 $ 146.71 Nasdaq Composite Index 100.00 121.39 81.21 116.47 149.83 180.33 Nasdaq OMX ABA Community Bank TR Index 100.00 135.01 123.95 121.58 140.11 147.23 49 Table of Contents Stock Repurchases In July 2022, the Board of Directors of the Company authorized a stock repurchase program pursuant to which the Company was authorized to purchase up to $50.0 million of its outstanding common stock. The July 2022 repurchase plan expired in July 2025 with the Company having repurchased a total of 136,399 shares of its common stock at an average price per share of $32.13, for an aggregate purchase price of $4.4 million, including broker commissions and applicable excise taxes. All the common stock repurchases executed under the July 2022 repurchase plan were completed during the second quarter of 2025. In July 2025, the Board of Directors of the Company authorized a stock repurchase program pursuant to which the Company may, from time to time, purchase up to $50.0 million of its outstanding common stock. The shares may be repurchased in the open market or in privately negotiated transactions from time to time, depending upon market conditions and other factors, and in accordance with applicable regulations of the Securities and Exchange Commission. The stock repurchase program is intended to expire in three years but may be terminated or amended by the Board of Directors at any time. The stock repurchase program does not obligate the Company to purchase any shares at any time. At December 31, 2025, there remained approximately $38.6 million of capacity under the stock repurchase program. The following table summarizes the Company’s stock repurchase activity for the year ended December 31, 2025. (Dollars in thousands, except per share amounts) Period Total Number of Shares Purchased Average Price Paid per Share (1) Total Number of Shares Purchased as Part of Publicly Announced Plans Approximate Dollar Value of Shares That May Yet Be Purchased Under the Plan at the End of the Period (1) Total first quarter 2025 — $ — — $ — Total second quarter 2025 (2) 136,399 32.13 136,399 45,618 Total third quarter 2025 265,248 35.85 401,647 40,490 October 1 - 31, 2025 — — — — November 1 - 30, 2025 — — — — December 1 - 31, 2025 49,358 38.77 451,005 38,576 Total fourth quarter 2025 49,358 38.77 451,005 38,576 Total 2025 451,005 35.05 451,005 38,576 ______________________ (1) Includes broker commissions and applicable excise taxes. (2) Represents shares purchased under the July 2022 stock repurchase program and the approximate remaining dollar value that expired in July 2025. Item 6. [Reserved] 50 Table of Contents