Form 4: Old National Bancorp Executive Reports Changes in Beneficial Ownership

Kendra L. Vanzo, Chief Administrative Officer of Old National Bancorp, reports transactions involving common stock, including a restricted stock award and shares surrendered for tax obligations.

Summary

• On March 1, 2024, Kendra L. Vanzo, Chief Administrative Officer of Old National Bancorp, acquired 19,819 shares of common stock through a restricted stock award.
• Also on March 1, 2024, Vanzo disposed of 1,269 shares of common stock at $16.39 to satisfy tax withholding obligations.
• On March 2, 2024, Vanzo disposed of 1,170 shares of common stock at $16.39 to satisfy tax withholding obligations.
• Following these transactions, Vanzo directly owns 137,662 shares of common stock.
• Vanzo also indirectly owns 1,045 shares through an IRA and 6,287 shares through the ONB Employee Stock Ownership and Savings Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting stock transactions. The restricted stock award is a positive sign, but the sale of shares to cover taxes is a normal occurrence.

Positives

• The acquisition of 19,819 shares through a restricted stock award indicates confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The transactions have a minimal impact on employees, customers, suppliers, and creditors.

Key Dates