Old National Bancorp (ONB) wealth CEO adds 86 ESPP shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD NATIONAL BANCORP (ONB) executive reports a small ESPP share acquisition. CEO, Wealth Management, Chady M. Alahmar recorded an “other” transaction of 86 shares of Common Stock on March 31, 2026 at $21.00 per share. This reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan and is exempt under Rule 16b-3(c), indicating a routine, compensation-related purchase rather than an open-market trade. Following this transaction, Alahmar directly holds 75,229 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALAHMAR CHADY M.
Role
CEO, WEALTH MANAGEMENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 86 | $21.00 | $2K |
Holdings After Transaction:
Common Stock — 75,229 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 86 shares
Price per share: $21.00/share
Shares held after transaction: 75,229 shares
+1 more
4 metrics
Shares acquired
86 shares
Common Stock acquired under Employee Stock Purchase Plan on March 31, 2026
Price per share
$21.00/share
Acquisition price for ESPP shares on March 31, 2026
Shares held after transaction
75,229 shares
Direct holdings of Common Stock following ESPP acquisition
Restructuring shares (other code J)
86 shares
Classified as restructuringShares in transaction summary
Key Terms
Old National Bancorp Employee Stock Purchase Plan, Rule 16b-3(c), Common Stock, Other acquisition or disposition
4 terms
Old National Bancorp Employee Stock Purchase Plan financial
"Reflects shares acquired under the Old National Bancorp Employee Stock Purchase Plan that are exempt"
Rule 16b-3(c) regulatory
"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.
Common Stock financial
"security_title: Common Stock; 86 shares at $21.00 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
FAQ
What insider transaction did ONB executive Chady Alahmar report on this Form 4?
Chady M. Alahmar, CEO, Wealth Management at OLD NATIONAL BANCORP, reported an “other” transaction involving 86 shares of Common Stock. The shares were acquired through the company’s Employee Stock Purchase Plan, a routine compensation-related mechanism rather than an open-market trade.
What does the Rule 16b-3(c) exemption mean for this ONB insider transaction?
The filing notes the shares were acquired under the Old National Bancorp Employee Stock Purchase Plan and are exempt under Rule 16b-3(c). This exemption applies to certain employee benefit plan transactions, indicating a routine compensation-related acquisition instead of discretionary market trading.