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Old Second Bancorp corrects Lyons’ 3,077-share receipt

A director's amendment corrects an earlier Form 4 that used transaction code F; the footnote says no shares were sold or withheld for taxes.

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Form Type
4/A

Rhea-AI Filing Summary

Old Second Bancorp Inc. director Billy J. Lyons Jr. reported the settlement of 3,077 restricted stock units into 3,077 shares of common stock on February 21, 2026. After the transaction, he directly held 10,595 restricted stock units and 20,073 common shares. The amendment corrects the original Form 4, which had reported the settlement using transaction code F; the footnote says no shares were sold or withheld to satisfy taxes.

Insider Lyons Billy J Jr.
Role Director
Type Security Shares Price Value
Other Restricted Stock Units F1 3,077 $0.00 $0.00
Other Old Second Bancorp, Inc. Common Stock F1 3,077 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 10,595 shares (Direct); Old Second Bancorp, Inc. Common Stock — 20,073 shares (Direct)
Footnotes (1)
  1. F1. Represents the settlement upon vesting of 3,077 restricted stock units into an equal number of shares of common stock. No shares were sold or withheld to satisfy taxes. This amendment corrects the original Form 4, which incorrectly reported the settlement using transaction code F.
Restricted stock units settled 3,077 units Settlement on February 21, 2026
Common shares received 3,077 shares Settlement on February 21, 2026
Restricted stock units held after transaction 10,595 units Director's direct holdings
Common shares held after transaction 20,073 shares Director's direct holdings
Restricted Stock Units financial
"settlement upon vesting of 3,077 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.
vesting financial
"settlement upon vesting of 3,077 restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"settlement upon vesting of 3,077 restricted stock units"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many OSBC restricted stock units were settled, and how many common shares were received?

Director Billy J. Lyons Jr. settled 3,077 restricted stock units into 3,077 common shares on February 21, 2026.

What did the OSBC Form 4/A correct?

The amendment corrects the original Form 4, which incorrectly reported the settlement using transaction code F. The footnote says no shares were sold or withheld to satisfy taxes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Lyons Billy J Jr.

(Last)(First)(Middle)
37 SOUTH RIVER STREET

(Street)
AURORA ILLINOIS 60507

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OLD SECOND BANCORP INC [ OSBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/24/2026
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)
CodeVAmount(A) or (D)Price
Restricted Stock Units02/21/2026J3,077(1)D$010,595D
Old Second Bancorp, Inc. Common Stock02/21/2026J3,077(1)A$020,073D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the settlement upon vesting of 3,077 restricted stock units into an equal number of shares of common stock. No shares were sold or withheld to satisfy taxes. This amendment corrects the original Form 4, which incorrectly reported the settlement using transaction code F.
/s/ Shirley Cantrell, Attorney-in-Fact10/20/2026
** Signature of Reporting PersonDate
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)

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