Form 4: Old National Bancorp Insider Buys Shares
Insider Transaction Filing
Old National Bancorp's Chief Risk Officer, Scott J. Evernham, acquired 43 shares of common stock through an employee stock purchase plan.
Summary
- Scott J. Evernham, Chief Risk Officer of Old National Bancorp, acquired 43 shares of common stock on March 31, 2026.
- The acquisition was made through the Old National Bancorp Employee Stock Purchase Plan.
- These shares are exempt from Section 16 reporting under Rule 16b-3(c).
- Following this transaction, Evernham beneficially owns 149,263 shares of common stock directly.
- Additional holdings include shares within the ONB Employee Stock Ownership and Savings Plan 401(k) and shares held in custodial accounts for his daughters.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing due to an insider purchase, indicating confidence, but it is a routine transaction without significant new financial information.
Positives
- Insider purchase of company stock by a key executive, indicating confidence in the company's future.
- Acquisition made through an employee stock purchase plan, suggesting participation in long-term wealth building aligned with company performance.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider purchases, particularly by Chief Risk Officers, can signal a positive outlook on the company's stability and growth prospects within the banking sector.
Stakeholder Impact
- Shareholders may view this insider purchase positively, interpreting it as a sign of management confidence in the company's performance.
- Employees participating in the stock purchase plan are directly benefiting from the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Transaction Date for acquisition of common stock. |
| 04/10/2026 | Date of signature for the filing. |
Keywords
Old National Bancorp, ONB, Form 4, Insider Trading, Stock Purchase Plan, Chief Risk Officer, Beneficial Ownership
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