Old Second officer plans $493K sale of 20K shares
The notice also reports a September 4, 2026 sale of 5,000 common shares with a value of $128,521.37.
Rhea-AI Filing Summary
OLD SECOND BANCORP INC. officer Gary S. Collins reported a proposed sale of 20,000 common shares, with an aggregate market value of $493,000. The notice lists 50,875,716 shares outstanding as of September 23, 2026. It also reports that Collins sold 5,000 common shares on September 4, 2026, with a reported value of $128,521.37 during the prior three months.
Positive
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Negative
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Key Figures
Proposed shares to be sold: 20,000 common shares
Aggregate market value: $493,000
Shares outstanding: 50,875,716 shares
+2 more
5 metrics
Proposed shares to be sold
20,000 common shares
Proposed sale reported by Gary S. Collins
Aggregate market value
$493,000
For the 20,000 common shares listed for sale
Shares outstanding
50,875,716 shares
As of September 23, 2026
Prior three-month sale
5,000 common shares
Sold September 4, 2026
Reported value of prior sale
$128,521.37
For the 5,000 common shares sold September 4, 2026
Key Terms
Rule 144, person, Restricted Stock Units
3 terms
Rule 144 regulatory
"paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
person regulatory
"all other persons included in that definition"
Restricted Stock Units financial
"Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.