Form 4: OSBC Insider Sells Shares, Corrects Prior Filing Error

Darin Patrick Campbell, an Old Second Bancorp director and officer, sold 35,000 shares and corrected a data import error from a previous filing.

Summary

• Darin Patrick Campbell, a Director and President of Powersports Lending at Old Second Bancorp Inc. (OSBC), reported a sale of company common stock.
• On February 18, 2026, Campbell sold 35,000 shares of Old Second Bancorp, Inc. Common Stock at a price of $20.94 per share.
• Following this transaction, Campbell directly beneficially owns 274,589 shares.
• The filing also corrects a data import error from a prior Form 4, which had inadvertently re-included 31,159 shares previously disposed of on October 31, 2025.
• This correction clarifies that the 31,159 shares previously held indirectly in an IRA now have a zero balance.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a moderately negative signal due to the insider share sale, which often suggests a lack of confidence, though the correction of a prior reporting error is a positive for transparency.

Positives

• Correction of a data import error in a prior filing enhances transparency and accuracy of insider ownership records.

Negatives

• An insider, Darin Patrick Campbell, sold 35,000 shares of common stock.
• The sale price was $20.94 per share.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that insider sales, while not uncommon, can sometimes be interpreted by the market as a signal regarding management's perception of the company's future prospects. However, the correction of a prior filing error demonstrates a commitment to accurate disclosure, which is a positive for corporate governance standards within the banking sector.

Comparison to Industry Standards

• Insider transaction reporting is a standard regulatory requirement across all publicly traded companies. This filing adheres to the SEC's Form 4 requirements for timely disclosure of changes in beneficial ownership. There are no specific comparable companies or projects mentioned to assess the results against.

Corporate Governance

Stakeholder Impact

• Shareholders: May interpret the insider sale as a negative signal, potentially influencing stock price perception. The correction of a prior error improves the accuracy of information available to shareholders.

Key Dates

Recommendation

The insider sale by a director and officer could be perceived negatively by the market, suggesting a potential lack of confidence. However, the correction of a previous reporting error indicates a commitment to accurate disclosure. Given these mixed signals and without further fundamental analysis, a 'hold' recommendation is prudent for investors to observe future developments.

Keywords

Old Second Bancorp Inc., OSBC, Insider Trading, Form 4, Stock Sale, Darin Patrick Campbell, Director, Officer, Beneficial Ownership