Form 4: Old Second Bancorp Director Lyons Jr. Acquires Shares

Sentiment:

SEC Form 4 Filing


Director Billy J Lyons Jr. of Old Second Bancorp acquired 23 shares of common stock at $14.86 per share on August 5, 2024.

Summary

  • On August 5, 2024, Billy J Lyons Jr., a director of Old Second Bancorp Inc., purchased 23 shares of the company's common stock at a price of $14.86 per share.
  • Following this transaction, Lyons directly owns 13,767 shares of Old Second Bancorp common stock.
  • Lyons also holds 10,441 Restricted Stock Units.
  • 8,471 shares are held with a broker and 5,296 shares are held in Mr. Lyons name outright.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a director's share purchase. It doesn't inherently convey strong positive or negative sentiment.

Positives

  • The director's purchase of shares could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. This transaction is a routine disclosure.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
08/05/2024Date of transaction: Billy J Lyons Jr. purchased 23 shares of Old Second Bancorp common stock.

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