Form 4: Old National Bancorp Executive Scott J. Evernham Reports Changes in Beneficial Ownership

Chief Risk Officer Scott J. Evernham reports acquisition and disposal of Old National Bancorp shares related to performance share awards and tax obligations.

Summary

• On March 15, 2025, Scott J. Evernham, Chief Risk Officer of Old National Bancorp, reported changes in beneficial ownership of the company's common stock.
• Evernham acquired 13,092 shares through a performance share award.
• He disposed of 6,353 shares to satisfy tax withholding obligations related to the vesting of the performance share award at a price of $20.96 per share.
• Following these transactions, Evernham directly owns 134,752 shares of Old National Bancorp common stock.
• He also indirectly owns shares through the ONB Employee Stock Ownership and Savings Plan 401(k) and as custodian for his daughters.
• Between December 17, 2024, and March 17, 2025, Evernham acquired 589 shares through the Dividend Reinvestment Plan and 3 shares through the dividend reinvestment feature of the ONB Employee Stock Ownership and Savings Plan 401(k).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of shares through a performance share award suggests that Evernham is meeting performance goals.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to executive compensation and standard tax obligations.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of shares held by a key executive.

Key Dates