Form 4: Old Second Bancorp Director Lyons Jr. Acquires Shares
SEC Form 4
Director Billy J. Lyons Jr. of Old Second Bancorp acquired 22 shares of common stock at $19.02 per share on February 10, 2025.
Summary
- On February 10, 2025, Billy J. Lyons Jr., a director of Old Second Bancorp Inc., purchased 22 shares of the company's common stock at a price of $19.02 per share.
- Following this transaction, Lyons directly owns 13,815 shares of Old Second Bancorp, Inc.
- Of these, 5,273 shares are held outright in Mr. Lyon's name, and 8,542 shares are held in a brokerage account.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The purchase is small and doesn't necessarily indicate a strong positive or negative outlook.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of transaction: Billy J. Lyons Jr. purchased 22 shares of Old Second Bancorp, Inc. common stock. |
| 02/11/2025 | Date of signature: Shirley Cantrell, Attorney-in-Fact, signed the Form 4 on behalf of Billy J. Lyons Jr. |
Keywords
Old Second Bancorp, Director, Share Acquisition, OSBC, Insider Trading, Form 4
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