Old Second Bancorp corrects Klaeser’s share settlement
The amendment clarifies that the 3,077-unit vesting settlement involved no shares sold or withheld for taxes.
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Rhea-AI Filing Summary
Old Second Bancorp Inc. (OSBC) director Dennis L. Klaeser settled 3,077 restricted stock units upon vesting into an equal number of common shares on February 21, 2026. After the transaction, his reported direct holdings were 10,595 restricted stock units and 7,657 common shares. The amendment corrects the original Form 4, which used transaction code F for the settlement; the footnote states that no shares were sold or withheld to satisfy taxes.
Insider Trade Summary
| 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 |
Footnotes (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.
Key Figures
Key Terms
Restricted Stock Units financial
settlement upon vesting financial
transaction code F technical
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What did OSBC Form 4/A correct?
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