Form 4: OSBC CEO Eccher Boosts Stake via Employee Plans

Old Second Bancorp CEO James Eccher increased his beneficial ownership of company common stock through routine employee savings and profit-sharing plan allocations.

Summary

• James Eccher, Chairman and CEO of Old Second Bancorp Inc. (OSBC), reported changes in his beneficial ownership of company securities.
• Acquired 125 shares of Old Second Bancorp, Inc. Common Stock through the Old Second Bancorp, Inc. Employee Salary and Savings Plan.
• Acquired an additional 24 shares of Old Second Bancorp, Inc. Common Stock through the Old Second Bancorp, Inc. Employee Profit Sharing Plan & Trust.
• Both acquisitions occurred on December 31, 2025, with a reported price of $0 per share, indicating these were plan allocations rather than open market purchases.
• Following these transactions, Eccher's beneficial ownership includes 33,018 shares indirectly via 401-K, 6,335 shares indirectly via Profit Sharing, 329,896 shares held directly (including 148 shares jointly with spouse and 329,748 in a brokerage account), and 184,318 Restricted Stock Units held directly.

Sentiment

Score: 7

Explanation: The filing indicates an increase in beneficial ownership by the Chairman and CEO through employee plans, which generally signals confidence in the company's long-term prospects, albeit through routine allocations rather than discretionary open-market purchases.

Positives

• Chairman and CEO James Eccher increased his beneficial ownership of Old Second Bancorp common stock, signaling continued alignment with shareholder interests.
• The acquisitions were made through established employee savings and profit-sharing plans, reflecting ongoing participation in company benefit programs.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 125 shares of common stock through the Old Second Bancorp, Inc. Employee Salary and Savings Plan.
• Acquisition of 24 shares of common stock through the Old Second Bancorp, Inc. Employee Profit Sharing Plan & Trust.

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively, signaling management's alignment with shareholder interests and confidence in the company's future.
• Employees: The existence of employee savings and profit-sharing plans highlights the company's commitment to employee benefits and wealth creation.

Key Dates

Recommendation

This Form 4 reports routine, plan-based acquisitions of common stock by the CEO, which is a standard disclosure and does not present new information significant enough to alter an investment thesis. It primarily confirms ongoing insider participation in employee benefit plans.

Keywords

OSBC, Old Second Bancorp, James Eccher, Form 4, insider trading, beneficial ownership, common stock, CEO, director, 401-K, profit sharing, restricted stock units