Form 4: Old National Bancorp Director Tom Salmon Reports Acquisition of Phantom Stock and Common Stock

Director Tom Salmon reports acquisition of phantom stock and common stock in Old National Bancorp through a deferred compensation plan and dividend reinvestment.

Summary

• Director Tom Salmon reported changes in beneficial ownership of Old National Bancorp (ONB) securities.
• On October 4, 2024, Salmon acquired 295 shares of phantom stock through the Old National Bancorp Directors' Deferred Compensation Plan at a price of $18.3 per share.
• Between June 18, 2024, and September 16, 2024, Salmon acquired 277 shares of Old National Bancorp common stock through the Dividend Reinvestment feature of the plan.
• Following these transactions, Salmon directly owns 38,078 shares of Old National Bancorp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director. The transactions themselves suggest a positive outlook from the director, but the document is purely informational.

Positives

• Director's participation in the Directors' Deferred Compensation Plan and Dividend Reinvestment feature indicates confidence in the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The report provides transparency to shareholders regarding the transactions of company insiders.

Key Dates