Form 4: Old Second Bancorp CFO Reports Changes in Beneficial Ownership

Bradley S. Adams, CFO of Old Second Bancorp, reports transactions related to company stock through a 401(k) plan and direct holdings.

Summary

• Bradley S. Adams, the CFO of Old Second Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The report includes acquisitions of common stock through the Old Second Bancorp, Inc. Employee Salary and Savings Plan.
• 37 shares were allocated during the first quarter of 2024 and 34 shares were allocated during the second quarter of 2024.
• Adams directly owns 121,757 shares of Old Second Bancorp, Inc. common stock.
• He also holds 68,770 Restricted Stock Units.
• 75,300 shares are held jointly with his spouse with a broker and 46,457 shares are held jointly with his spouse outright.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the CFO's continued investment in the company's stock through its employee savings plan.

Stakeholder Impact

• Shareholders are informed about the CFO's transactions in company stock, providing insight into management's alignment with shareholder interests.

Key Dates