Form 4: Old Second Bancorp Exec Reports Stock Transactions

Gary S. Collins, Vice Chairman and Director at Old Second Bancorp, Inc., reported significant stock transactions on May 8, 2026.

Summary

• Gary S. Collins, Vice Chairman and Director of Old Second Bancorp, Inc. (OSBC), reported transactions involving the acquisition and disposition of company stock on May 8, 2026.
• Collins acquired 10,000 shares of common stock at $21.24 per share and an additional 5,000 shares at $21.225 per share.
• Following these transactions, Collins beneficially owns 30,136 shares directly and 73,256.085 shares indirectly through an IRA.
• Additionally, Collins holds 37,312 shares through Restricted Stock Units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While an insider acquired shares, the transaction is a routine disclosure and does not provide significant new information about the company's financial performance or strategic direction.

Positives

• The reporting person, Gary S. Collins, a key executive and director, acquired a substantial number of company shares (15,000 shares) through direct purchase.
• The acquisition of shares at prices around $21.22-$21.24 suggests a belief in the current valuation or future prospects of the company by a significant insider.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and provide transparency into the buying and selling activities of company executives and directors. Such transactions can sometimes signal insider confidence or concerns regarding the company's stock.

Stakeholder Impact

• Shareholders may view the insider's purchase of shares positively, potentially indicating confidence in the company's future performance.
• Employees with 401-K plans may note the indirect ownership through retirement accounts.

Key Dates

Keywords

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