Form 4: Old National Bancorp Executive Reports Share Transactions

Chady M. AlAhmar, CEO of Wealth Management at Old National Bancorp, reports acquisition and disposal of company shares related to a performance share award.

Summary

• Chady M. AlAhmar, CEO of Wealth Management at Old National Bancorp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On March 15, 2025, AlAhmar acquired 17,456 shares of common stock related to an earned performance share award.
• On the same day, AlAhmar disposed of 9,295 shares to satisfy tax withholding obligations at a price of $20.96 per share.
• Following these transactions, AlAhmar directly owns 61,552 shares of Old National Bancorp common stock, which includes 1,942 shares issued for accrued dividends on the performance share award.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of share transactions. The performance share award suggests positive performance, but the tax-related disposal is a routine event.

Positives

• The acquisition of shares through a performance share award suggests positive performance and alignment with company goals.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.

Key Dates