Form 4: Old National Bancorp CEO James C. Ryan III Reports Changes in Beneficial Ownership

James C. Ryan III, Chairman and CEO of Old National Bancorp, reports acquisition and disposal of common stock related to a restricted stock award.

Summary

• On March 1, 2025, James C. Ryan III, Chairman and CEO of Old National Bancorp, acquired 58,776 shares of common stock as part of a restricted stock award.
• On the same day, Ryan disposed of 39,855 shares of common stock at $23.75 to cover tax withholding obligations related to the vesting of the restricted stock award.
• On March 2, 2025, Ryan disposed of an additional 9,166 shares of common stock at $23.75 for tax withholding.
• Following these transactions, Ryan directly owns 702,555 shares of Old National Bancorp common stock.
• Ryan also indirectly owns 2,730 shares through an IRA and 1,713 shares through the ONB Employee Stock Ownership and Savings Plan 401(k).

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing primarily reflects routine transactions related to executive compensation. The acquisition of shares is a positive sign, but the disposal for tax purposes is a standard procedure.

Positives

• The acquisition of 58,776 shares through a restricted stock award indicates confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates