Form 4: Old National Bancorp Executive Brent R. Tischler Reports Stock Transaction
SEC Form 4 Filing
Brent R. Tischler, CEO of Community Banking at Old National Bancorp, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On September 1, 2024, Brent R. Tischler, CEO of Community Banking at Old National Bancorp, disposed of 2,135 shares of common stock to satisfy tax withholding obligations.
- The shares were surrendered at a price of $19.85 per share.
- Following the transaction, Tischler directly owns 37,942 shares of Old National Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, which can be closely watched by investors for signals about a company's prospects. This transaction is related to tax obligations, which is a common reason for such filings.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of stock transaction where 2,135 shares were disposed of to cover tax obligations. |
| 09/04/2024 | Date of signature for the Form 4 filing. |
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.