Old National Bancorp (ONB) CRO reports minor Form 4 share transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD NATIONAL BANCORP chief risk officer Scott J. Evernham reported an "other" common stock transaction involving 37 shares at $24.605 per share. Following this event, he directly holds 149,303 common shares. He also reports indirect holdings of 200 shares each for three custodial accounts for his daughters and 547 shares in the ONB Employee Stock Ownership and Savings Plan 401(k). Footnotes note that some shares were acquired through the Old National Bancorp Employee Stock Purchase Plan and via dividend reinvestment features of ONB stock and retirement plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Evernham Scott J
Role
CHIEF RISK OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 37 | $24.605 | $910.39 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 149,303 shares (Direct);
Common Stock — 547 shares (Indirect, ONB Employee Stock Ownership and Savings Plan 401(k))
Footnotes (1)
- Reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan that are exempt under Rule 16b-3(c). Between March 17, 2026 and June 15, 2026, the Reporting Person acquired 3 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature of the ONB Stock Purchase and Dividend Reinvestment Plan. Between March 17, 2026 and June 15, 2026, the Reporting Person acquired 3 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature of the ONB Employee Stock Ownership and Savings Plan 401(k).
Key Figures
Other transaction size: 37 shares
Transaction price: $24.605 per share
Direct holdings after transaction: 149,303 shares
+5 more
8 metrics
Other transaction size
37 shares
Common Stock, transaction code J
Transaction price
$24.605 per share
Common Stock "other" transaction
Direct holdings after transaction
149,303 shares
Common Stock, direct ownership
Custodial holdings per daughter
200 shares
Indirect, each of three daughters
401(k) plan holdings
547 shares
ONB Employee Stock Ownership and Savings Plan 401(k)
Restructuring shares
37 shares
Classified as restructuring in transaction summary
Dividend reinvestment acquisition
3 shares
ONB Stock Purchase and Dividend Reinvestment Plan, Mar 17–Jun 15 2026
401(k) dividend reinvestment acquisition
3 shares
ONB Employee Stock Ownership and Savings Plan 401(k), Mar 17–Jun 15 2026
Key Terms
Rule 16b-3(c), Employee Stock Purchase Plan, Dividend Reinvestment Plan, ONB Employee Stock Ownership and Savings Plan 401(k), +1 more
5 terms
Rule 16b-3(c) regulatory
"Reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan that are exempt under Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Employee Stock Purchase Plan financial
"Reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan that are exempt under Rule 16b-3(c)."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Dividend Reinvestment Plan financial
"acquired 3 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature of the ONB Stock Purchase and Dividend Reinvestment Plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
ONB Employee Stock Ownership and Savings Plan 401(k) financial
"acquired 3 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature of the ONB Employee Stock Ownership and Savings Plan 401(k)."
transaction code J financial
"transaction code J, described as an other acquisition or disposition."
FAQ
What did the Old National Bancorp (ONB) Form 4 filing report for Scott J. Evernham?
The Form 4 shows Scott J. Evernham reported an "other" common stock transaction of 37 shares and updated his direct and indirect holdings, including custodial accounts for his daughters and shares in the ONB Employee Stock Ownership and Savings Plan.
What is the size and price of the "other" transaction in the ONB Form 4?
The filing shows a single "other" transaction in Old National Bancorp common stock involving 37 shares at a price of $24.605 per share. The transaction is coded "J", described as an other acquisition or disposition, rather than a standard open-market buy or sell.
How are Scott J. Evernham’s indirect Old National Bancorp holdings structured?
Indirect holdings include 200 shares each as custodian for three daughters and 547 shares through the ONB Employee Stock Ownership and Savings Plan 401(k). These positions reflect beneficial ownership through plans and custodial accounts rather than solely direct personal holdings.