Form 4: Old Second Bancorp CFO Reports Share Transactions

Bradley S. Adams, CFO of Old Second Bancorp, reports acquisition of shares through the company's 401-k plan and holdings of common stock and restricted stock units.

Summary

• On September 30, 2024, Bradley S. Adams, CFO of Old Second Bancorp Inc. (OSBC), reported transactions involving the company's stock.
• Adams acquired 32 shares of Old Second Bancorp common stock through the company's 401-k plan at $0 per share.
• Following the reported transaction, Adams beneficially owns 9,949 shares indirectly through the 401-k plan and 121,757 shares directly.
• Adams also holds 68,770 Restricted Stock Units.
• Included in the total shares held directly are 75,300 shares held jointly with spouse with a broker and 46,457 shares held jointly with spouse outright.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions without expressing any opinion or outlook.

Positives

• The acquisition of shares by the CFO could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their investment activities in the company's stock.

Stakeholder Impact

• The reported transactions provide shareholders with insight into the CFO's investment activities in the company.

Key Dates