Form 4: Gary S. Collins Increases Stake in Old Second Bancorp

Sentiment:

Statement of Changes in Beneficial Ownership


Vice Chairman Gary S. Collins acquired 253 shares of Old Second Bancorp, Inc. common stock through the company's 401-K plan.

Summary

  • Reporting person Gary S. Collins, Vice Chairman of Old Second Bancorp, Inc., acquired 253 shares of common stock.
  • The transaction occurred on March 31, 2026, via the company's Salary and Savings Plan.
  • Following this transaction, the reporting person holds 7,058 shares indirectly through the 401-K plan.
  • Total direct and indirect holdings include 40,136 shares held directly and 78,256.085 shares held in IRAs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding insider share ownership.

Positives

  • Insider acquisition of shares demonstrates continued commitment and alignment with shareholder interests.

Negatives

  • None identified.

Risks

  • None identified.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider acquisitions through company-sponsored retirement plans are standard corporate governance practices and generally reflect long-term confidence in the issuer's stability.

Comparison to Industry Standards

  • The transaction is consistent with standard executive compensation and savings plan participation observed in the regional banking sector.

Stakeholder Impact

  • Positive signal for shareholders regarding management's long-term investment in the company.

Key Dates

DateDescription
03/31/2026Date of transaction for the acquisition of 253 shares.
04/02/2026Date of filing for the Form 4 statement.

Keywords

OSBC, Old Second Bancorp, Insider Trading, Form 4, Banking

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