Form 4: Old Second Bancorp EVP Gartelmann Reports Share Transactions

Richard A. Gartelmann JR, EVP of Old Second Bancorp, reports transactions involving company stock, including acquisitions through a 401(k) plan.

Summary

• Richard A. Gartelmann JR, an EVP at Old Second Bancorp Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 31, 2025, Gartelmann acquired 248 shares of Old Second Bancorp common stock through the Employee Salary and Savings Plan at an unspecified price.
• As of the report, Gartelmann directly owns 26,874 shares of Old Second Bancorp common stock and 20,552 restricted stock units.
• He also indirectly owns 12,425 shares through a 401(k).

Sentiment

Score: 5

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

Positives

• The acquisition of shares through the 401(k) plan could be seen as a positive sign of Gartelmann's confidence in the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Old Second Bancorp, Gartelmann, OSBC, EVP, 401k