Form 4: Old National Bancorp Executive Reports Stock Transactions
SEC Form 4 Filing
Nicholas J. Chulos, Chief Legal Officer & Corp Sec of Old National Bancorp, reports the disposition and acquisition of company stock.
Summary
- Nicholas J. Chulos, Chief Legal Officer & Corp Sec of Old National Bancorp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 15, 2024, Chulos surrendered 1,342 shares of common stock to satisfy tax withholding obligations at a price of $16.34 per share.
- Between December 16, 2023, and March 15, 2024, Chulos acquired 111 shares through the Dividend Reinvestment feature of the Employee Stock Ownership and Savings Plan.
- Following these transactions, Chulos directly owns 116,607 shares and indirectly owns 13,193 shares through the Employee Stock Ownership and Savings Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports required insider trading information.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and dividend reinvestment.
Key Dates
| Date | Description |
|---|---|
| 2023-12-16 | Start date for the period in which shares were acquired through the Dividend Reinvestment feature. |
| 2024-03-15 | Date of the stock surrender for tax obligations and the date of the Plan statement for dividend reinvestment. |
| 2024-03-19 | Date of the report filing. |
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