ONB executive granted 18,133 performance shares
OLD NATIONAL BANCORP executive Chady M. Alahmar, CEO of Wealth Management, received a grant of 18,133 shares of common stock as an earned performance share award, including 1,877 shares issued for accrued dividends.
Rhea-AI Filing Summary
OLD NATIONAL BANCORP executive Chady M. Alahmar, CEO of Wealth Management, received a grant of 18,133 shares of common stock as an earned performance share award, including 1,877 shares issued for accrued dividends.
On the same date, 9,709 shares were surrendered at $21.51 per share to cover tax withholding obligations tied to the vesting of this performance award, rather than sold in the open market. Following these transactions, Alahmar directly holds 75,143 shares of OLD NATIONAL BANCORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,133 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,709 | $21.51 | $209K |
Footnotes (3)
- F1. Earned performance share award.
- F2. Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares earned under a performance share award.
- F3. Includes 1,877 shares of the Issuer's common stock issued for the accrued dividends on the performance share award.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ONB executive Chady M. Alahmar report in this Form 4?
Does this ONB Form 4 suggest a change in insider sentiment?
AI-generated analysis. How Rhea-AI works. Not financial advice.