Form 4: OSBC EVP Acquires Shares via 401-K Plan

Old Second Bancorp EVP Richard A Gartelmann JR reported the acquisition of 44 common shares through the company's 401-K plan.

Summary

• Richard A Gartelmann JR, Executive Vice President (EVP) of Old Second Bancorp Inc. (OSBC), reported a change in beneficial ownership.
• On September 30, 2025, Gartelmann acquired 44 shares of Old Second Bancorp, Inc. Common Stock.
• These shares were allocated during the third quarter pursuant to the Old Second Bancorp, Inc. Salary and Savings Plan (401-K) at a price of $0 per share.
• Following this transaction, Gartelmann beneficially owns 12,516 shares indirectly through the 401-K, 26,874 shares directly, and 20,552 Restricted Stock Units directly.

Sentiment

Score: 6

Explanation: The filing reports a routine insider acquisition of shares through a 401-K plan, which is generally a neutral to slightly positive signal of continued participation and confidence, but not indicative of significant new developments.

Positives

• EVP Richard A Gartelmann JR increased his beneficial ownership of Old Second Bancorp, Inc. common stock by 44 shares through a routine 401-K allocation, reflecting continued participation in the company's savings plan.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased insider ownership, potentially signaling continued confidence in the company by an executive.

Key Dates

Recommendation

The filing reports a routine acquisition of a small number of shares by an executive through a company 401-K plan. This is a standard event and does not provide new material information to warrant a change in investment thesis or a strong buy/sell recommendation. It merely reflects continued participation in an employee savings plan.

Keywords

Old Second Bancorp, OSBC, Richard A Gartelmann JR, Insider Transaction, Form 4, Common Stock, 401-K, Executive Vice President, Share Acquisition