Form 4: Old Second Bancorp CEO Reports Routine Stock Allocation

Sentiment:

Statement of Changes in Beneficial Ownership


Chairman and CEO James Eccher reported the routine acquisition of 391 shares of Old Second Bancorp common stock via company benefit plans.

Summary

  • James Eccher, Chairman and CEO of Old Second Bancorp, Inc., acquired 391 shares of common stock on March 31, 2026.
  • 369 shares were acquired through the company's Salary and Savings Plan (401-K).
  • 22 shares were acquired through the company's Employees Profit Sharing Plan and Trust.
  • The transactions were non-market acquisitions at a price of $0, representing routine plan allocations.
  • Following these transactions, the reporting person holds 33,387 shares in the 401-K, 6,357 shares in the Profit Sharing plan, and 378,399 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing with no impact on the company's financial outlook.

Positives

  • Continued alignment of executive interests with shareholders through ongoing participation in company-sponsored retirement and profit-sharing plans.

Negatives

  • None.

Risks

  • None.

Future Outlook

Not applicable as this is a routine disclosure of beneficial ownership changes.

Industry Context

StockSavvy.ai notes that routine acquisitions of company stock by executives through benefit plans are standard corporate governance practices and generally signal internal confidence in the firm's long-term stability.

Comparison to Industry Standards

  • The reporting of plan-based share acquisitions is consistent with standard SEC compliance requirements for bank holding company executives.

Stakeholder Impact

  • No material impact on shareholders, employees, or creditors.

Next Steps

  • None.

Key Dates

DateDescription
03/31/2026Date of the reported stock allocation transactions.
04/02/2026Date of filing.

Keywords

Old Second Bancorp, OSBC, Insider Trading, Form 4, James Eccher, Executive Compensation

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