Form 4: Old Second Bancorp Inc. Director Collins Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Gary S. Collins reports changes in beneficial ownership of Old Second Bancorp Inc. common stock as of March 31, 2025.

Summary

  • Gary S. Collins, Vice Chairman and Director of Old Second Bancorp Inc., reported changes in beneficial ownership of the company's common stock on March 31, 2025.
  • The report indicates the acquisition of 220 shares through the Old Second Employee Salary and Savings Plan.
  • Collins directly owns 63,112 shares and indirectly owns 61,768.085 shares through an IRA.
  • He also holds 44,946 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports factual changes in stock ownership.

Positives

  • The acquisition of shares through the employee savings plan indicates confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in Director Collins' holdings of Old Second Bancorp stock.

Stakeholder Impact

  • Shareholders are informed about changes in insider ownership, which can influence investor sentiment.

Key Dates

DateDescription
03/31/2025Date of earliest transaction (acquisition of shares).
04/01/2025Date of signature by Attorney-in-Fact.

Keywords

beneficial ownership, Form 4, OSBC, Old Second Bancorp, director, Collins, stock, shares

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