Form 4: Old Second Bancorp Director John Ladowicz Reports Acquisition of Restricted Stock Units

Director John Ladowicz reports acquisition of restricted stock units and changes in beneficial ownership of Old Second Bancorp stock.

Summary

• On February 19, 2025, John Ladowicz, a director of Old Second Bancorp Inc., reported the acquisition of 3,190 restricted stock units.
• These restricted stock units vest on the third anniversary of the grant date.
• Ladowicz also reported beneficial ownership of 25,570 shares of Old Second Bancorp Inc. common stock held directly and 175,304 shares held indirectly through an IRA.
• The transaction was reported on February 21, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports transactions and holdings.

Future Outlook

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.
• It can influence investor perception of management's confidence in the company.

Key Dates