Form 4: Old Second Bancorp EVP Donald Pilmer Reports Changes in Beneficial Ownership

EVP Donald Pilmer reports changes in beneficial ownership of Old Second Bancorp stock, including acquisitions through employee plans and holdings in a spouse's IRA.

Summary

• Donald Pilmer, EVP of Old Second Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• As of March 31, 2025, Pilmer's holdings include shares acquired through the 401-K Plan (3,966 shares indirectly) and Profit Sharing Plan (180 shares indirectly).
• He also has an indirect interest in 1,450 shares held in his spouse's IRA.
• Pilmer directly owns 38,718 Restricted Stock Units and 63,135 shares of Old Second Bancorp stock.
• 12 shares were allocated during the first quarter pursuant to the Old Second Bancorp, Inc. Employee Salary Savings Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The reporting of beneficial ownership changes is a standard practice and provides transparency to investors.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide insight into their investment activities in the company's stock.

Stakeholder Impact

• Shareholders gain insight into the holdings of a key executive.

Key Dates

Keywords

beneficial ownership, Form 4, Old Second Bancorp, OSBC, Donald Pilmer, stock ownership, insider trading