Old National Bancorp (ONB) risk chief adds shares through employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD NATIONAL BANCORP (ONB) chief risk officer Scott J. Evernham acquired 43 shares of common stock at $21.00 per share through the Old National Bancorp Employee Stock Purchase Plan. Following this acquisition, he directly holds 149,263 common shares, with additional indirect holdings through a 401(k) plan and custodial accounts for family members.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Evernham Scott J
Role
CHIEF RISK OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 43 | $21.00 | $903.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 149,263 shares (Direct);
Common Stock — 544 shares (Indirect, ONB Employee Stock Ownership and Savings Plan 401(k))
Footnotes (1)
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Key Figures
Shares acquired: 43 shares
Acquisition price: $21.00 per share
Direct holdings after transaction: 149,263 shares
+2 more
5 metrics
Shares acquired
43 shares
Common Stock acquired under Employee Stock Purchase Plan at $21.00
Acquisition price
$21.00 per share
Price for 43 ONB common shares acquired March 31, 2026
Direct holdings after transaction
149,263 shares
ONB common stock directly owned by Scott J. Evernham after acquisition
401(k) indirect holdings
544 shares
ONB Employee Stock Ownership and Savings Plan 401(k)
Each custodial account holding
200 shares
ONB common stock per custodial account for each of three daughters
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(c), indirect ownership, Common Stock
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
"Indirect holdings listed as ONB Employee Stock Ownership and Savings Plan 401(k) and custodial accounts for daughters"
Common Stock financial
"security_title: Common Stock for all reported holdings and transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did ONB executive Scott J. Evernham report on this Form 4?
Scott J. Evernham reported acquiring 43 ONB common shares through the Old National Bancorp Employee Stock Purchase Plan at $21.00 per share. The filing also updates his total direct and indirect share holdings as of the transaction date.
What indirect OLD NATIONAL BANCORP (ONB) holdings are reported for Scott J. Evernham?
Indirectly, Evernham reports 544 ONB shares in a 401(k) plan plus 200 shares in each of three custodial accounts for his daughters. These indirect positions are separate from his 149,263 directly owned ONB common shares.
Is Scott J. Evernham’s ONB stock transaction a routine employee plan purchase?
The filing describes the 43 ONB shares as acquired under the Employee Stock Purchase Plan and exempt under Rule 16b-3(c). This indicates a routine, plan-based acquisition rather than an open-market trade or discretionary purchase.