Form 4: Old National Bancorp Executive Sells Shares for Tax

Brent R. Tischler, CEO of Community Banking at Old National Bancorp, disposed of 2,134 shares of common stock to cover tax withholding obligations.

Summary

• Brent R. Tischler, CEO of Community Banking at Old National Bancorp (ONB), reported a transaction involving the company's common stock.
• On September 1, 2025, Mr. Tischler disposed of 2,134 shares of common stock.
• The disposition was made at a price of $22.89 per share.
• This transaction was to satisfy tax withholding obligations upon the vesting of a restricted stock award.
• Following this transaction, Mr. Tischler beneficially owns 38,547 shares of Old National Bancorp common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in sentiment as it does not reflect a discretionary investment decision by the executive.

Positives

• The underlying event for the share disposition is the vesting of restricted stock, which represents earned compensation for the executive and aligns their interests with shareholders.

Negatives

• No inherent negatives are identified as this is a routine, non-discretionary tax-related sale.

Risks

• No specific risks are detailed in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

Form 4 filings are routine disclosures for insider transactions and do not typically provide industry-specific context. This transaction is a standard event for executives receiving equity compensation across various industries.

Comparison to Industry Standards

• This Form 4 filing does not provide information for comparison to industry standards. The transaction itself, involving shares surrendered for tax withholding upon restricted stock vesting, is a common and standard practice for equity compensation across most publicly traded companies.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition, not a discretionary sale indicating a change in confidence or a significant shift in the executive's holdings.
• Management: The transaction reflects the vesting of equity compensation for the CEO of Community Banking, a standard component of executive remuneration.

Key Dates

Keywords

Old National Bancorp, ONB, Brent R. Tischler, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Common Stock, Executive Compensation