Form 4: Old Second Bancorp Director Patti Temple Rocks Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Patti Temple Rocks reported the acquisition of 3,190 restricted stock units in Old Second Bancorp, along with holdings of common stock.
Summary
- On February 19, 2025, Patti Temple Rocks, a director of Old Second Bancorp INC, reported acquiring 3,190 restricted stock units.
- These restricted stock units vest on the third anniversary of the grant date.
- The reporting person also directly owns 17,274 shares of Old Second Bancorp, Inc. common stock.
- Additionally, the reporting person indirectly owns 18,678.85 shares of Old Second Bancorp, Inc. common stock through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The acquisition of restricted stock units by a director could be seen positively by shareholders as it aligns the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Patti Temple Rocks acquired 3,190 restricted stock units. |
| 02/21/2025 | Date of report signature. |
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