4/A: CEO Ryan Amends ONB Stock Acquisition Filing

Sentiment:

Insider Transaction Amendment


Old National Bancorp CEO James C. Ryan III filed an amended Form 4 to correct an error in a previously reported stock acquisition.

Summary

  • An amendment to a Form 4 filing was submitted by James C. Ryan III, Chairman and CEO of Old National Bancorp (ONB).
  • The purpose of this amendment is to correct an inadvertent error in a Form 4 that was originally filed on July 17, 2025.
  • The original filing incorrectly reported the acquisition of 26 shares under the Old National Bancorp Employee Stock Purchase Plan.
  • The corrected filing now states that 29 shares of Common Stock were acquired on June 30, 2025, at a price of $20.27 per share.
  • This transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
  • Following this corrected transaction, James C. Ryan III beneficially owns 813,714 shares directly, 2,730 shares indirectly through an IRA, and 1,736 shares indirectly through the ONB Employee Stock Ownership and Savings Plan 401(k).

Sentiment

Score: 5

Explanation: Neutral. This filing is a routine compliance correction of a minor error in an insider transaction, with no material impact on the company's financial health or strategic direction.

Positives

  • The filing clarifies and corrects previously reported insider ownership data, enhancing transparency and accuracy in regulatory disclosures.

Negatives

  • No direct negatives are present; the filing addresses a minor administrative error in reporting.

Future Outlook

This filing is an administrative correction of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

  • The filing notes that on July 17, 2025, the Reporting Person filed a Form 4 which inadvertently reported that 26 shares were acquired under the Old National Bancorp Employee Stock Purchase Plan.

Industry Context

This filing is a routine compliance update regarding an insider's stock ownership and does not provide information relevant to broader industry trends or competitive positioning.

Stakeholder Impact

  • Shareholders: Provides accurate and updated information regarding insider ownership, contributing to market transparency.

Key Dates

DateDescription
06/30/2025Transaction date for the acquisition of 29 shares of Common Stock.
07/17/2025Date of original Form 4 filing which contained the inadvertent error.
12/04/2025Signature date of the amended Form 4/A.

Keywords

Old National Bancorp, ONB, James C. Ryan III, Form 4/A, Insider Trading, Stock Acquisition, Beneficial Ownership, CEO, Director, SEC Filing, Rule 10b5-1

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.