Form 4: OSBC CEO Eccher Boosts Stake via Employee Plans

Old Second Bancorp CEO James Eccher increased his indirect beneficial ownership of common stock through employee profit sharing and 401-K plans.

Summary

• James Eccher, Chairman and CEO of Old Second Bancorp Inc. (OSBC), reported changes in his beneficial ownership of company securities.
• On September 30, 2025, Mr. Eccher acquired 22 shares of Old Second Bancorp, Inc. Common Stock indirectly through the Employee Profit Sharing Plan and Trust.
• On the same date, he acquired an additional 134 shares of Common Stock indirectly through the Employee Salary and Savings Plan (401-K).
• Following these transactions, Mr. Eccher beneficially owns 6,311 shares indirectly via the Profit Sharing Plan and 32,893 shares indirectly via the 401-K plan.
• His direct beneficial ownership includes 329,896 shares of Common Stock and 184,318 Restricted Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it indicates continued insider participation and alignment with shareholder interests through routine share acquisitions via employee plans.

Positives

• The CEO's acquisition of additional shares, even through employee benefit plans, signals continued confidence in the company's future.
• Increased alignment of management's interests with those of shareholders through greater equity ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details an insider transaction, which is a routine disclosure for publicly traded companies. It reflects an individual executive's ownership changes rather than broader industry trends or competitive positioning.

Related Party Transactions

• Acquisition of 22 shares through the Old Second Bancorp, Inc. Employee Profit Sharing Plan and Trust.
• Acquisition of 134 shares through the Old Second Bancorp, Inc. Employee Salary and Savings Plan (401-K).

Stakeholder Impact

• Shareholders may view the CEO's increased stake, even if routine, as a positive signal of management's commitment and confidence in the company's long-term prospects.
• Employees participating in similar plans may see this as a reaffirmation of the value of their benefit programs.

Key Dates

Recommendation

The filing reports routine acquisitions of common stock by the CEO through employee benefit plans. While insider buying is generally a positive signal of confidence, the small, plan-based nature of these transactions does not provide new fundamental information significant enough to warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

OSBC, Old Second Bancorp, James Eccher, Form 4, Insider Transaction, Stock Acquisition, CEO, Director, Beneficial Ownership, Employee Stock Plan