Form 4: Old Second Bancorp Director Reports Stock Transactions

Gary S. Collins, Vice Chairman and Director of Old Second Bancorp, Inc., reported transactions involving the acquisition and disposition of company common stock.

Summary

• Gary S. Collins, who holds the positions of Vice Chairman and Director at Old Second Bancorp, Inc. (OSBC), has filed a Form 4 detailing recent transactions.
• The filing indicates a disposition of 5,120 shares of Old Second Bancorp, Inc. Common Stock on May 22, 2026, at a price of $21.12 per share.
• Following this transaction, Mr. Collins beneficially owns 58,136.085 shares directly and indirectly.
• Indirect ownership includes 30,136 shares held in an IRA, 7,058 shares held by a 401-K, and 37,312 Restricted Stock Units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine disclosure of insider transactions without significant positive or negative implications for the company's overall financial health or strategic direction.

Positives

• The reporting person, Gary S. Collins, continues to hold a significant number of shares in Old Second Bancorp, Inc., indicating ongoing commitment.
• The transactions were executed at a price of $21.12 per share, which may reflect current market valuation.

Negatives

• A disposition of 5,120 shares of common stock was reported, which could be interpreted as a reduction in direct holdings by a key executive.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and provide transparency into the holdings and trading activities of company executives and directors. These filings are crucial for investors seeking to understand insider sentiment and potential shifts in beneficial ownership.

Stakeholder Impact

• Shareholders may observe the disposition of shares by a key executive, which could be a point of interest, though the overall impact is minimal without further context.
• Employees with 401-K plans may see their holdings reflected in the indirect ownership details.

Key Dates

Keywords

Old Second Bancorp, OSBC, Form 4, Insider Trading, Stock Transaction, Beneficial Ownership, Director, Officer, Gary S. Collins