Form 4: Old Second Bancorp CFO Reports Acquisition of Shares Through 401(k) Plan

Bradley S. Adams, CFO & COO of Old Second Bancorp, reports the acquisition of 31 shares of common stock through the company's 401(k) plan, along with holdings of 143,308 shares and 77,444 restricted stock units.

Summary

• Bradley S. Adams, the CFO & COO of Old Second Bancorp Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 31, 2025, Adams acquired 31 shares of Old Second Bancorp common stock through the company's Employee Salary and Savings Plan (401-k).
• The price per share for the 401-k acquisition was not explicitly stated in the filing.
• Following the reported transaction, Adams beneficially owns 10,014 shares indirectly through the 401-k plan.
• Adams also directly owns 143,308 shares of Old Second Bancorp common stock, including 75,300 shares held in a brokerage account and 68,008 shares held jointly with a spouse.
• Additionally, Adams holds 77,444 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Positives

• The acquisition of shares through the 401(k) plan demonstrates the executive's investment in the company's stock.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CFO's investment in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Old Second Bancorp, OSBC, Bradley S. Adams, CFO, COO, 401k, Restricted Stock Units, Shares