Form 4: Old Second Bancorp Director Lyons Jr. Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Billy J. Lyons Jr. reports changes in beneficial ownership of Old Second Bancorp stock, including acquisition of shares and disposal of restricted stock units.
Summary
- On May 5, 2025, Billy J. Lyons Jr., a director of Old Second Bancorp Inc., reported changes in his beneficial ownership of the company's securities.
- Lyons acquired 26 shares of Old Second Bancorp common stock at a price of $16.3 per share.
- He also disposed of 10,551 restricted stock units.
- Following these transactions, Lyons directly owns 16,921 shares of Old Second Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions themselves may have a minor impact on the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of transaction: acquisition of stock and disposal of restricted stock units. |
| 05/06/2025 | Date of signature by Attorney-in-Fact. |
Keywords
beneficial ownership, Form 4, Old Second Bancorp, OSBC, director, stock, restricted stock units, acquisition, disposal
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