Form 4: Old Second Bancorp CEO James Eccher Reports Beneficial Ownership Changes

James Eccher, Chairman and CEO of Old Second Bancorp, reports changes in beneficial ownership of company stock due to profit sharing and 401(k) allocations.

Summary

• James Eccher, the Chairman and CEO of Old Second Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The changes are due to allocations from the Old Second Bancorp, Inc. Employee Profit Sharing Plan and Trust, and the Employee Salary and Savings Plan (401-K).
• 20 shares were allocated through the Profit Sharing Plan and Trust, and 381 shares were allocated through the Employee Salary and Savings Plan, both as of March 31, 2025.
• Eccher directly owns 322,840 shares of Old Second Bancorp common stock, including 148 shares held jointly with his spouse and 322,692 shares held in a brokerage account.
• He also indirectly owns 6,267 shares through the Profit Sharing Plan and 32,639 shares through the 401-K plan.
• Eccher also owns 184,318 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation and benefit allocations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Old Second Bancorp, OSBC, James Eccher, Profit Sharing Plan, 401-K, Stock Allocation