Form 4: Old Second Bancorp Vice Chairman Reports Share Acquisition and Holdings Update

Old Second Bancorp Inc.'s Vice Chairman and Director, Gary S. Collins, reported an acquisition of 113 common shares through an employee savings plan, alongside updates to his beneficial ownership.

Summary

• Gary S. Collins, Vice Chairman and Director of Old Second Bancorp Inc. (OSBC), reported changes in beneficial ownership.
• On June 30, 2025, Collins acquired 113 shares of Old Second Bancorp, Inc. Common Stock at a price of $0, which were allocated to his 401-K plan through the Old Second Employee Salary and Savings Plan.
• Following this allocation, Collins' indirect beneficial ownership in the 401-K plan totals 6,703 shares.
• Indirect beneficial ownership includes 78,256.085 shares in an IRA, comprising 41,000 shares in a ROTH IRA and 38,256.085 shares in a traditional IRA.
• The disposition column of the transaction table lists 46,624 shares of Old Second Bancorp, Inc. Common Stock and 44,946 Restricted Stock Units, but without associated transaction dates or prices.

Sentiment

Score: 6

Explanation: The acquisition of shares by an insider, even if through a plan, generally indicates confidence. However, the lack of detail on other listed dispositions prevents a higher score, as their context is unclear.

Positives

• An insider, Gary S. Collins (Vice Chairman and Director), acquired 113 shares of common stock, which can be seen as a positive signal of confidence in the company's future.
• The acquisition was made at a price of $0, indicating it was likely part of an employee benefit or compensation plan.

Negatives

• Amounts of 46,624 shares of common stock and 44,946 Restricted Stock Units are listed in the disposition column without specified transaction dates or prices, limiting transparency regarding these reported dispositions.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The acquisition by an insider could be perceived as a positive signal of management's belief in the company's value.

Key Dates

Keywords

Old Second Bancorp Inc., OSBC, Gary S. Collins, Insider Trading, Form 4, SEC Filing, Beneficial Ownership, Stock Acquisition, Employee Stock Plan, Director, Vice Chairman