Form 4: Old National Bancorp Executive Chady M. AlAhmar Reports Stock Transactions
SEC Form 4 Filing
Chady M. AlAhmar, CEO of Wealth Management at Old National Bancorp, reports acquisition and disposal of company stock to satisfy tax obligations.
Summary
- On March 1, 2025, Chady M. AlAhmar acquired 7,889 shares of Old National Bancorp common stock through a restricted stock award.
- Also on March 1, 2025, AlAhmar disposed of 5,097 shares of common stock at $23.75 to cover tax withholding obligations.
- On March 2, 2025, AlAhmar disposed of an additional 1,672 shares at $23.75 for tax obligations.
- Following these transactions, AlAhmar directly owns 51,449 shares of Old National Bancorp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to compensation and tax obligations.
Positives
- The receipt of a restricted stock award indicates confidence in the executive and potentially the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of restricted stock award and disposal of shares for tax obligations. |
| 03/02/2025 | Date of disposal of shares for tax obligations. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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