Origin Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Origin Bancorp, Inc. on March 12, 2019, regarding events occurring on March 11, 2019. The registrant is incorporated in Louisiana and operates as a bank holding company.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes and does not contain financial performance data.
Material Changes
The material change reported is the departure of a director:
- John Pietrzak informed the Board of Directors on March 11, 2019, that he will not stand for re-election at the 2019 annual meeting of stockholders.
- His retirement from the Board and its Compensation, Risk, and Finance Committees will be effective upon the expiration of his term at the annual meeting.
- Mr. Pietrzak has served on the Board since 2013.
- The retirement is not the result of any disagreement with the registrant regarding operations, practices, or policies.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on future performance, or specific risk factors beyond the standard disclosure regarding the director's departure.
Key Facts for Investor Verification
- Confirm the date of the 2019 annual meeting of stockholders to determine the exact effective date of Mr. Pietrzak's retirement.
- Verify if a replacement director has been nominated to fill the vacancy on the Board and its committees.
- Review the company's proxy statement for the 2019 annual meeting for further details on the board composition and election process.