4/A: Old National Bancorp Executive's Amended SEC Filing Reveals Corrected Stock Ownership

James A. Sandgren, CEO of Commercial Banking at Old National Bancorp, files an amended SEC Form 4/A to correct the amount of securities beneficially owned.

Summary

• James A. Sandgren, CEO of Commercial Banking at Old National Bancorp, filed an amended Form 4/A with the SEC.
• The amendment corrects the amount of securities beneficially owned, which was inaccurate in the original filing on September 17, 2024.
• The filing indicates that Sandgren owns 26,823 shares of phantom stock through the Old National Bancorp Executive Deferred Compensation Plan.
• These phantom stock shares represent common stock on a 1-for-1 basis and are payable in cash upon distribution according to the plan's terms.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. While the error itself is a minor negative, the prompt correction is a positive sign of diligence.

Negatives

• The original filing contained an administrative error regarding the amount of securities beneficially owned by James A. Sandgren.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the filing ensures accurate information for shareholders and potential investors.

Key Dates