Fuller & Thaler Holds 17.11M Shares of Old National Bancorp (4.63%)
Rhea-AI Filing Summary
Fuller & Thaler Asset Management, Inc. reports beneficial ownership of 17,114,536.19 shares of Old National Bancorp common stock, representing 4.63% of the class. The filer indicates sole voting power over 16,858,592.19 shares and sole dispositive power over 17,114,536.19 shares. The filing is a Schedule 13G/A dated for the event on 06/30/2025 and was signed by Hanna Zanoni as Chief Compliance Officer on 08/14/2025. The registrant states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Positive
- Detailed ownership disclosure: Beneficial ownership is precisely reported as 17,114,536.19 shares (4.63%).
- Sole voting and dispositive powers disclosed: Sole voting power of 16,858,592.19 shares and sole dispositive power of 17,114,536.19 shares are explicitly stated.
- Certification of ordinary-course ownership: The filer certifies the shares were acquired and are held in the ordinary course of business and not to influence control.
Negative
- None.
Insights
TL;DR: Holding equals 4.63% of ONB, below 5% threshold, indicating a sizable stake but not a reportable control position.
The filing documents that Fuller & Thaler beneficially owns 17,114,536.19 shares (4.63%) with sole voting power over 16,858,592.19 shares. As a Schedule 13G/A, the filer affirms the position is held in the ordinary course of business and not to influence control, consistent with passive or investment-adviser holdings. For investors, this confirms an institutional position of material size but not a control stake under Section 13(d) standards.
TL;DR: Ownership documented precisely; classification and certification indicate no intent to pursue control.
The document includes explicit power breakdowns: sole voting and dispositive powers are reported, and shared powers are zero. The certification language states the securities were not acquired to influence control. From a governance perspective, this filing notifies stakeholders of a meaningful institutional ownership while formally disclaiming activist intent.