Form 4: Old Second Bancorp Exec Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Bradley S. Adams, CFO & COO of Old Second Bancorp, Inc., reported transactions involving company common stock and restricted stock units.
Summary
- Bradley S. Adams, CFO & COO of Old Second Bancorp, Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
- The filing indicates the acquisition of 34 shares of Old Second Bancorp, Inc. Common Stock on June 30, 2026, through the company's Salary & Savings Plan.
- Additionally, the filing notes 160,401 shares held directly and 84,980 Restricted Stock Units.
- The 34 shares acquired were allocated during the second quarter of 2026, with information provided by the Plan Trustee as of June 30, 2026.
- The total direct holdings include 75,300 shares held jointly with spouse at a broker and 85,101 shares held jointly with spouse outright.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine stock acquisitions and existing holdings by an executive, without indicating significant positive or negative strategic shifts.
Positives
- The reporting person acquired additional shares of company stock through an employee savings plan, indicating continued investment in the company.
- The filing details a significant number of shares held directly and indirectly, suggesting substantial personal stake in Old Second Bancorp, Inc.
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, providing transparency into the holdings and 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: Increased transparency into executive stock ownership and transactions.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Earliest transaction date reported and date of acquisition of 34 shares. |
| 07/02/2026 | Date of signature for the filing. |
Keywords
Old Second Bancorp, OSBC, Form 4, Insider Trading, Beneficial Ownership, Stock Transaction, CFO, COO, Restricted Stock Units, Employee Savings Plan
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