Form 4: Old Second Bancorp Director Edward Bonifas Reports Stock Transactions

Director Edward Bonifas reports acquisition of restricted stock units and beneficial ownership of Old Second Bancorp stock.

Summary

• On February 19, 2025, Edward Bonifas, a director of Old Second Bancorp Inc., acquired 3,190 restricted stock units.
• These restricted stock units vest on the third anniversary of the grant date.
• Bonifas also reported beneficial ownership of 172,254 shares of Old Second Bancorp common stock.
• This total includes 11,000 shares held in an IRA, 158,174 shares held in a trust, and 3,080 shares held outright.

Sentiment

Score: 5

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

Future Outlook

The restricted stock units vest on the third anniversary of the grant date, indicating a future potential increase in Bonifas's holdings of Old Second Bancorp stock.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock, Old Second Bancorp, Director, OSBC, Transactions