Old National CFO surrenders 2,036 shares for taxes
Old National Bancorp’s CFO reported share withholding to cover taxes on a restricted stock vesting, with a sizable direct holding remaining.
Rhea-AI Filing Summary
OLD NATIONAL BANCORP (ONB) reported that its Chief Financial Officer, John V. Moran, had 2,036 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations upon vesting of a restricted stock award. After this tax-withholding disposition, he directly holds 120,728 shares of common stock.
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Insider Trade Summary
Tax Withholding: 2,036 shares
Tax Withholding
1 txn
Insider
Moran John V
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,036 | $25.18 | $51K |
Holdings After Transaction:
Common Stock — 120,728 shares (Direct)
Footnotes (1)
- F1. Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares granted under a restricted stock award.
Key Figures
Shares withheld for taxes: 2,036 shares
Withholding price per share: $25.18 per share
Shares held after transaction: 120,728 shares
+1 more
4 metrics
Shares withheld for taxes
2,036 shares
Common stock withheld on September 1, 2026 to satisfy tax withholding obligations upon restricted stock vesting
Withholding price per share
$25.18 per share
Valuation used for the 2,036 shares withheld on September 1, 2026
Shares held after transaction
120,728 shares
Direct holdings of CFO John V. Moran after the September 1, 2026 tax-withholding disposition
Shares used for exercise price or tax liability
2,036 shares
Total shares reported under code F for payment of tax liability in this Form 4
Key Terms
restricted stock award, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock award financial
"upon the vesting of shares granted under a restricted stock award"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
tax withholding obligations financial
"surrendered by the Reporting Person to satisfy tax withholding obligations"
Payment of tax liability by delivering or withholding securities financial
"transaction is described as Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did OLD NATIONAL BANCORP (ONB) disclose for its CFO?
The filing reports that CFO John V. Moran had 2,036 shares of OLD NATIONAL BANCORP common stock withheld on September 1, 2026 to pay tax withholding obligations arising from the vesting of a restricted stock award.
Was the ONB CFO’s Form 4 transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed for this filing, meaning the reported tax-withholding transaction is not identified as occurring under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.