4/A: Old Second Bancorp Director Collins Amends Filing to Clarify Stock Ownership
SEC Filing
Gary S. Collins, Vice Chairman and Director of Old Second Bancorp, amends a previous SEC filing to clarify that 92,893.306 shares of common stock are held directly in his name alone with a broker.
Summary
- Gary S. Collins, Vice Chairman and Director of Old Second Bancorp Inc., filed an amendment to a previous SEC Form 4 filing.
- The amendment clarifies that 92,893.306 shares of Old Second Bancorp common stock are held directly by Mr. Collins with a broker, and not jointly as previously reported.
- The original filing date was March 15, 2024, and the earliest transaction date is March 13, 2024.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.
Industry Context
This filing is a routine disclosure related to insider stock ownership, which is a common practice for publicly traded companies. It provides transparency to investors regarding the holdings of company executives and directors.
Stakeholder Impact
- The amendment ensures accurate information is available to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of Earliest Transaction |
| 03/15/2024 | Date of Original Filed |
| 03/16/2024 | Date of Amendment Filing |
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