Stock grant and tax withholding for Old National Bancorp (ONB) CLO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old National Bancorp Chief Legal Officer and Corporate Secretary Nicholas J. Chulos reported a mix of equity transactions in company common stock. He surrendered 5,220 shares at $23.10 per share to cover tax withholding on the vesting of a previously granted restricted stock award. He also received a new 10,340-share restricted stock award in 2026 at no cost. After these direct transactions, his directly held common stock position was 63,152 shares, in addition to indirect holdings through a 401(k) plan and family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Chulos Nicholas J
Role
Chief Legal Officer & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,220 | $23.10 | $121K |
| Grant/Award | Common Stock | 10,340 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 52,812 shares (Direct);
Common Stock — 13,841 shares (Indirect, ONB Employee Stock Ownership and Savings Plan 401(k))
Footnotes (1)
- 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 previously granted restricted stock award. Reflects a restricted stock award granted in 2026.
FAQ
What insider transactions did ONB executive Nicholas J. Chulos report?
Nicholas J. Chulos reported surrendering 5,220 Old National Bancorp shares to cover tax withholding and receiving a 10,340-share restricted stock award. Both transactions involved common stock and occurred on March 1, 2026, reflecting routine equity compensation activity.
Was the ONB Form 4 transaction a market sale or purchase?
The Form 4 for Old National Bancorp shows no open-market buy or sell. Shares were surrendered to satisfy tax withholding on vested restricted stock, and a new restricted stock award was granted, both typical equity compensation events rather than discretionary trading.
What stock award did the ONB Chief Legal Officer receive?
The Chief Legal Officer received a restricted stock award of 10,340 shares of Old National Bancorp common stock. The grant was made in 2026 at a stated price of $0.00 per share, reflecting a typical equity compensation grant rather than a cash purchase on the open market.