Form 4: Old National Bancorp Executive Scott J. Evernham Reports Stock Transactions
SEC Form 4 Filing
Scott J. Evernham, Chief Risk Officer of Old National Bancorp, reports acquisition and disposal of company stock related to a restricted stock award and tax obligations.
Summary
- On March 1, 2025, Scott J. Evernham, Chief Risk Officer of Old National Bancorp, acquired 11,217 shares of common stock through a restricted stock award.
- On the same day, he disposed of 7,098 shares to satisfy tax withholding obligations at a price of $23.75 per share.
- On March 2, 2025, he disposed of an additional 1,731 shares for tax obligations at $23.75 per share.
- Following these transactions, Evernham directly owns 125,967 shares of Old National Bancorp common stock.
- He also indirectly owns 527 shares through the ONB Employee Stock Ownership and Savings Plan 401(k).
- Additionally, he indirectly owns 200 shares each for his daughters Aliza Kaye Evernham, Lucia Joelle Evernham, and Mora Evlynn Evernham, as custodian.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to executive compensation and tax obligations. There's no indication of significant positive or negative sentiment.
Positives
- The acquisition of 11,217 shares via a restricted stock award suggests confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of restricted stock award and initial tax-related stock disposal. |
| 03/02/2025 | Date of additional tax-related stock disposal. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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