Form 4: Old Second Bancorp Director Finn Barry Reports Stock Transactions

Director Finn Barry reported acquiring restricted stock units and disposing of common stock in Old Second Bancorp.

Summary

• On February 19, 2025, Barry Finn, 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.
• Each restricted stock unit represents a contingent right to receive one share of common stock.
• Finn also disposed of 85,660 shares of Old Second Bancorp common stock.
• Following these transactions, Finn beneficially owns 10,551 restricted stock units and 85,660 shares of common stock.
• 82,580 shares are held in Mr. Finn's name in a brokerage account and 3,080 shares are in Mr. Finn's name alone.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider activity.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• Shareholders may be interested in the director's stock transactions as an indicator of confidence in the company.

Key Dates