Old National CFO gets 12,363-share stock award
Old National Bancorp’s Chief Financial Officer John V. Moran reported a compensation-related stock transaction.
Rhea-AI Filing Summary
Old National Bancorp’s Chief Financial Officer John V. Moran reported a compensation-related stock transaction. He received a grant of 12,363 shares of common stock as an earned performance share award, which includes 1,279 shares issued for accrued dividends. To cover tax withholding obligations upon vesting of this performance share award, 6,144 shares were surrendered back to the company at a price of $21.51 per share, a non-market, tax-withholding disposition. After these transactions, Moran directly holds 122,764 shares of Old National Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,363 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,144 | $21.51 | $132K |
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 1,279 shares of the Issuer's common stock issued for the accrued dividends on the performance share award.
FAQ
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What insider transaction did Old National Bancorp (ONB) CFO John Moran report?
What do the footnotes in John Moran’s Old National Bancorp Form 4 explain?
AI-generated analysis. How Rhea-AI works. Not financial advice.