Old National exec receives stock award, tax shares
OLD NATIONAL BANCORP executive Brent R. Tischler, CEO, Community Banking, reported an equity compensation event.
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Rhea-AI Filing Summary
OLD NATIONAL BANCORP executive Brent R. Tischler, CEO, Community Banking, reported an equity compensation event. He received a grant of 17,310 shares of common stock as an earned performance share award, which includes 1,793 shares issued for accrued dividends.
To cover tax withholding on the vesting, 8,807 shares were surrendered back to the company at $21.51 per share. After these transactions, Tischler directly holds 51,915 shares of Old National common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,310 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,807 | $21.51 | $189K |
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 1,793 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 insider transaction did Brent R. Tischler report for OLD NATIONAL BANCORP (ONB)?
How were dividend accruals handled in Brent Tischler’s OLD NATIONAL BANCORP (ONB) award?
AI-generated analysis. How Rhea-AI works. Not financial advice.