What is the size of the tax-withholding share surrender for ONB stock?

The filing shows 4,836 Old National Bancorp common shares surrendered to cover tax withholding obligations. These shares were used to satisfy taxes owed when previously granted restricted stock awards vested, rather than being sold as a discretionary portfolio decision.

Old National Bancorp (ONB) awards stock to accounting chief, withholds shares for taxes

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Old National Bancorp Chief Accounting Officer Angela L. Putnam reported routine equity compensation activity in company stock. She received a grant of 7,234 shares of restricted stock in 2026, increasing her direct holdings to 64,656 shares of common stock.

On the same date, 4,836 shares were surrendered to cover tax withholding obligations tied to the vesting of previously granted restricted stock awards. These tax-related share withholdings are not open-market sales and simply settle tax liabilities on her compensation.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Putnam Angela L

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	4,836	$22.33	$108K
Grant/Award	Common Stock	7,234	$0.00	--

Holdings After Transaction: Common Stock — 57,422 shares (Direct)

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 previously granted restricted stock awards. Reflects a restricted stock award granted in 2026.

Key Figures

Tax-withholding shares: 4,836 shares at $22.33 Restricted stock grant: 7,234 shares at $0.00 Holdings after grant: 64,656 shares +1 more

4 metrics

Tax-withholding shares 4,836 shares at $22.33 Shares surrendered to cover tax withholding obligations on 2026-04-01

Restricted stock grant 7,234 shares at $0.00 Restricted stock award granted in 2026 to Angela L. Putnam

Holdings after grant 64,656 shares Total direct ONB common stock held after 2026-04-01 transactions

Holdings after tax surrender 57,422 shares Direct ONB common stock immediately after tax-withholding surrender

Key Terms

restricted stock award, tax withholding obligations, grant, award, or other acquisition, Payment of exercise price or tax liability by delivering securities

4 terms

restricted stock award financial

"Reflects a restricted stock award granted in 2026."

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

tax withholding obligations financial

"surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting"

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 05:14 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Putnam Angela L

(Last)

(First)

(Middle)

ONE MAIN STREET

(Street)

EVANSVILLE

INDIANA

47708

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
OLD NATIONAL BANCORP /IN/ [ ONB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		F		4,836⁽¹⁾	D	$22.33	57,422	D
Common Stock	04/01/2026		A		7,234⁽²⁾	A	$0	64,656	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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 previously granted restricted stock awards.

2. Reflects a restricted stock award granted in 2026.

	/s/ Andrea L. Stangl, Attorney-in-fact for Angela L. Putnam	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ONB executive Angela L. Putnam report?

Angela L. Putnam reported a routine compensation grant and related tax settlement. She received 7,234 restricted shares of Old National Bancorp common stock and surrendered 4,836 shares to cover tax withholding obligations on previously vested restricted stock awards.

Did Angela L. Putnam sell ONB shares on the open market?

No open-market sale was reported. The 4,836 Old National Bancorp shares were surrendered solely to satisfy tax withholding obligations upon vesting of earlier restricted stock awards, rather than being sold through market transactions to outside buyers.

How many ONB shares does Angela L. Putnam hold after these transactions?

After the reported transactions, Angela L. Putnam directly holds 64,656 shares of Old National Bancorp common stock. This reflects the net impact of receiving 7,234 restricted shares and surrendering 4,836 shares for tax withholding obligations tied to prior restricted stock vesting.

What type of equity compensation did ONB grant Angela L. Putnam in 2026?

In 2026, Angela L. Putnam received a restricted stock award of 7,234 Old National Bancorp common shares. The grant price is shown as $0.0000 per share, consistent with stock granted as part of an executive compensation package rather than purchased in the market.