Form 4: OSBC Director Reports RSU Vesting and New Grant

Old Second Bancorp Director Jill E. York reported the vesting of restricted stock units and a new grant, adjusting her direct and indirect holdings.

Summary

• Director Jill E. York was granted 3,121 Restricted Stock Units (RSUs) on February 17, 2026, under the Old Second Bancorp, Inc. Long Term Incentive Plan. These RSUs have a three-year cliff vesting schedule.
• On February 21, 2026, 3,077 Restricted Stock Units from a previous grant vested, with the shares subsequently issued and added to Ms. York's common stock holdings outright.
• Following these transactions, Ms. York directly holds 10,595 Restricted Stock Units and 3,077 shares of Old Second Bancorp, Inc. Common Stock.
• Additionally, Ms. York indirectly holds 21,626 shares of Old Second Bancorp, Inc. Common Stock in a trust with her spouse.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event. The grant of new restricted stock units indicates continued commitment and alignment of a director's interests with the company's long-term performance, while the vesting is a routine, expected compensation event.

Positives

• Grant of 3,121 Restricted Stock Units to Director Jill E. York, aligning her interests with long-term shareholder value.

Negatives

• Disposition of 3,077 Restricted Stock Units on vesting, likely for tax withholding purposes, at a price of $20.57 per share.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transaction reports like this Form 4 provide transparency into executive and director stock ownership, which can be a signal of management's confidence in the company's future. While this specific filing details routine RSU grants and vesting, it reinforces the ongoing alignment of Director Jill E. York's interests with Old Second Bancorp's long-term performance.

Stakeholder Impact

• Shareholders: Provides transparency regarding director stock ownership and compensation, potentially signaling confidence in the company's future.
• Employees: Reflects the company's long-term incentive plan structure for key personnel.

Next Steps

• The newly granted 3,121 Restricted Stock Units will vest on a three-year cliff vesting schedule.

Key Dates

Keywords

OSBC, Old Second Bancorp, Jill E York, Form 4, Restricted Stock Units, RSU, Insider Transaction, Director, Stock Ownership, Long Term Incentive Plan