Old National Bancorp director acquires 366 stock units
The deferred-compensation units represent common stock one-for-one and are payable in cash upon distribution.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Old National Bancorp (ONB) director Tom Salmon acquired 366 phantom stock shares on October 2, 2026, under the Old National Bancorp Directors' Deferred Compensation Plan, at a reported $24.865 per share. The shares resulted from quarterly director fees paid in cash to him, represent common stock one-for-one, and are payable in cash upon distribution. His reported post-transaction position was 52,412 shares. A footnote also reports 290 common shares acquired through the Plan's dividend reinvestment feature between June 16, 2026 and September 15, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock ONB Directors Deferred Compensation Plan F1, F2 | 366 | $24.865 | $9K |
Footnotes (2)
- F1. Represents shares of phantom stock acquired pursuant to the Old National Bancorp Directors' Deferred Compensation Plan (the "Plan") as a result of quarterly director fees paid in cash to the participant. The shares of phantom stock represent shares of Old National Bancorp common stock on a 1-for-1 basis and are payable in cash upon distribution to the participant in accordance with the terms of the Plan.
- F2. Between June 16, 2026 and September 15, 2026, the Reporting Person acquired 290 shares of Old National Bancorp common stock pursuant to the Dividend Reinvestment feature of the Plan.
Key Figures
Key Terms
phantom stock financial
Directors' Deferred Compensation Plan financial
Dividend Reinvestment feature financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How does ONB's directors' phantom stock plan settle the units?
AI-generated analysis. How Rhea-AI works. Not financial advice.