Old National CEO acquires 29 shares via ESPP
OLD NATIONAL BANCORP chairman and CEO James C. Ryan III recorded a small, routine insider transaction involving company common stock.
Rhea-AI Filing Summary
OLD NATIONAL BANCORP chairman and CEO James C. Ryan III recorded a small, routine insider transaction involving company common stock. He acquired 29 shares at $21.00 per share through the Old National Bancorp Employee Stock Purchase Plan, which is noted as exempt under Rule 16b-3(c).
Following this transaction, his directly held stake rose to 958,365 shares of common stock. He also reports indirect holdings of 2,730 shares through an IRA and 1,769 shares through the ONB Employee Stock Ownership and Savings Plan 401(k), indicating that the 29-share acquisition is very small relative to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 29 shares
Other
3 txns
Insider
Ryan James C III
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 29 | $21.00 | $609.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 958,365 shares (Direct);
Common Stock — 2,730 shares (Indirect, by IRA);
Common Stock — 1,769 shares (Indirect, ONB Employee Stock Ownership and Savings Plan 401(k))
Footnotes (1)
- F1. Reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan that are exempt under Rule 16b-3(c).
Key Figures
Shares acquired: 29 shares
Purchase price: $21.00 per share
Direct holdings after: 958,365 shares
+2 more
5 metrics
Shares acquired
29 shares
Acquired under Employee Stock Purchase Plan
Purchase price
$21.00 per share
ESPP acquisition on 2026-03-31
Direct holdings after
958,365 shares
Common stock directly owned post-transaction
Indirect IRA holdings
2,730 shares
Common stock held indirectly by IRA
Indirect 401(k) holdings
1,769 shares
ONB ESOP and Savings Plan 401(k)
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(c), indirect ownership, Form 4
4 terms
Employee Stock Purchase Plan financial
"Reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"shares acquired under the Old National Bancorp Employee Stock Purchase Plan that are exempt under Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "by IRA""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ONB CEO James C. Ryan III report in this Form 4?
James C. Ryan III reported acquiring 29 shares of OLD NATIONAL BANCORP common stock at $21.00 per share through the company’s Employee Stock Purchase Plan, increasing his directly held stake to 958,365 shares, plus separate indirect holdings through retirement-related accounts.
What does Rule 16b-3(c) exemption mean for this ONB insider transaction?
Rule 16b-3(c) generally provides an exemption from certain short-swing profit rules for plan-based acquisitions. The filing notes the 29 ONB shares were acquired under the Employee Stock Purchase Plan and are exempt under Rule 16b-3(c), framing this as a routine, compensatory transaction.
What indirect ONB holdings does James C. Ryan III report on this Form 4?
The Form 4 shows 2,730 OLD NATIONAL BANCORP shares held indirectly “by IRA” and 1,769 shares held indirectly through the ONB Employee Stock Ownership and Savings Plan 401(k), in addition to his 958,365 directly held shares of common stock reported after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
