ONB (ONB) CEO logs tax-withholding share surrender and 66,794-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD NATIONAL BANCORP chairman and CEO James C. Ryan III reported offsetting stock transactions involving company common stock. On March 1, 2026, he disposed of 29,518 shares at $23.10 per share through a tax-withholding disposition to cover taxes on vested restricted stock, as noted in a footnote.
On the same date, he acquired 66,794 shares of common stock as a restricted stock award granted in 2026 at no cash cost. After these transactions, he directly held 842,047 shares, with additional indirect holdings of 2,730 shares in an IRA and 1,758 shares in the ONB Employee Stock Ownership and Savings Plan 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ryan James C III
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 29,518 | $23.10 | $682K |
| Grant/Award | Common Stock | 66,794 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 775,253 shares (Direct);
Common Stock — 2,730 shares (Indirect, by IRA)
Footnotes (1)
- 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. Reflects a restricted stock award granted in 2026.
FAQ
What insider transactions did ONB’s CEO report on March 1, 2026?
ONB’s CEO James C. Ryan III reported two offsetting stock movements on March 1, 2026. He surrendered 29,518 shares to cover tax withholding and received a 66,794-share restricted stock award, both involving Old National Bancorp common stock.
Was the ONB CEO’s March 2026 stock disposal an open-market sale?
The March 2026 stock disposal was not an open-market sale. It was a tax-withholding disposition, where 29,518 shares were surrendered to satisfy taxes owed on a previously granted restricted stock award that had vested.
How does the Form 4 describe the ONB CEO’s tax-withholding transaction?
The Form 4 describes the transaction as a tax-withholding disposition. Specifically, 29,518 shares were surrendered to satisfy tax obligations when shares from a previously granted restricted stock award vested, rather than being sold on the open market.