Stock grant and tax withholding for Old National Bancorp (ONB) CLO
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
Net Buyer: 5,120 shares
Net Buy
5 txns
Insider
Chulos Nicholas J
Role
Chief Legal Officer & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,220 | $23.10 | $121K |
| Grant/Award | Common Stock | 10,340 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 63,152 shares (Direct);
Common Stock — 13,841 shares (Indirect, ONB Employee Stock Ownership and Savings Plan 401(k));
Common Stock — 20,439 shares (Indirect, By Trust for Spouse);
Common Stock — 20,438 shares (Indirect, By Trust)
Footnotes (2)
- F1. 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.
- F2. Reflects a restricted stock award granted in 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.