Origin Bancorp, Inc. Form 8-K Summary
Business Context and Reporting Period
Origin Bancorp, Inc. (Louisiana) filed this Current Report on Form 8-K on September 24, 2018. The filing addresses a temporary suspension of trading under the Company's Employee Retirement Plan.
Financial Metrics
This filing does not contain financial performance data. No revenue, profit, cash flow, margin, debt, or liquidity metrics are reported in this document.
Material Changes
The Company announced a change in the recordkeeper for its Employee Retirement Plan from 401k Plus to Principal Financial Group. This operational change necessitated a "blackout" period during which participants could not borrow, take distributions, or direct investments.
Outlook, Risks, and Unusual Items
Blackout Period Details:
- Start Date: October 25, 2018, at 4:00 pm ET.
- End Date: December 18, 2018.
- Restrictions: Covered Persons (employees, executive officers, and certain directors) were prohibited from trading Origin common stock or making other plan transactions during this window.
The filing includes a notice under Rule 104(b)(2)(i) of Regulation BTR and Section 306(a) of the Sarbanes-Oxley Act of 2002.
Key Facts for Investor Verification
- Verify the exact dates of the trading blackout (October 25, 2018, to December 18, 2018) to ensure compliance with insider trading restrictions.
- Confirm the transition of the 401(k) recordkeeper to Principal Financial Group.
- Note that this filing contains no financial results; refer to the most recent 10-Q or 10-K for financial data.