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

Director Billy J. Lyons Jr. of Old Second Bancorp Inc. reports purchasing 24 shares of common stock at $14.44 per share.

Summary

• On May 6, 2024, Billy J. Lyons Jr., a director of Old Second Bancorp Inc., acquired 24 shares of the company's common stock at a price of $14.44 per share.
• Following this transaction, Lyons directly owns 13,720 shares of Old Second Bancorp, Inc.
• This total includes 5,273 shares held outright and 8,447 shares held with a broker.
• Lyons also owns 10,441 Restricted Stock Units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of a director's share purchase. The size of the purchase is not significant enough to drastically alter sentiment.

Positives

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

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to gauge sentiment and potential future performance.

Stakeholder Impact

• The transaction provides shareholders with information about insider activity, which can influence investor sentiment.

Key Dates