Old Second Bancorp (OSBC) vice chair trims stake with 22K-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old Second Bancorp vice chairman Gary S. Collins reported an open-market sale of 22,154 shares of Old Second Bancorp, Inc. Common Stock on March 20, 2026 at a weighted average price of $19.3841 per share, with trades ranging from $19.37 to $19.40.
After this sale, he holds 40,136 shares directly, plus indirect holdings of 78,256.085 shares in IRAs (including 41,000 in a Roth IRA and 37,256.085 in a traditional IRA) and 6,805 shares through a 401(k), along with 37,312 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,154 shares ($429,435)
Net Sell
4 txns
Insider
COLLINS GARY S
Role
VICE CHAIRMAN
Sold
22,154 shs ($429K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Old Second Bancorp, Inc. Common Stock | 22,154 | $19.3841 | $429K |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 40,136 shares (Direct);
Old Second Bancorp, Inc. Common Stock — 78,256.085 shares (Indirect, IRA);
Restricted Stock Units — 37,312 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.37 to $19.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Included in this total are 41,000 shares in a ROTH IRA and 37,256.085 in a traditional IRA.
FAQ
What did OSBC vice chairman Gary S. Collins do in this Form 4 filing?
Gary S. Collins reported selling 22,154 OSBC shares in an open-market transaction. The weighted average sale price was $19.3841 per share, based on multiple trades executed between $19.37 and $19.40 on March 20, 2026.
What indirect Old Second Bancorp (OSBC) holdings does Gary S. Collins report?
Collins reports 78,256.085 OSBC shares in IRAs, including 41,000 in a Roth IRA and 37,256.085 in a traditional IRA, plus 6,805 shares held through a 401(k) plan, all categorized as indirect ownership.
Does Gary S. Collins hold any Old Second Bancorp restricted stock units (RSUs)?
Yes, Collins reports holding 37,312 restricted stock units of Old Second Bancorp. These RSUs represent additional potential equity, separate from his directly owned shares and indirect holdings in retirement and savings plans.
What is the overall size of Gary S. Collins’ Old Second Bancorp (OSBC) equity position after this sale?
Collins retains a substantial OSBC equity position, including 40,136 directly held shares, 78,256.085 shares in IRAs, 6,805 shares via a 401(k), and 37,312 restricted stock units, as disclosed in the insider report.