Old Second Bancorp director reports RSU grant, tax withholding
OLD SECOND BANCORP INC director Jill E. York reported a mix of equity award activity and tax-related share withholding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
OLD SECOND BANCORP INC director Jill E. York reported a mix of equity award activity and tax-related share withholding. On February 17, she acquired 3,121 Restricted Stock Units (RSUs) as a grant under the Long Term Incentive Plan, with three-year cliff vesting.
On February 21, 3,077 RSUs were disposed of at $20.57 per share to cover tax liabilities upon vesting of a prior award, a non–open-market transaction. Following these events, she holds OSBC common stock both directly and indirectly, including shares held in trust with her spouse.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Restricted Stock Units | 3,077 | $20.57 | $63K |
| Grant/Award | Restricted Stock Units | 3,121 | $0.00 | $0.00 |
| Holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| Holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
Footnotes (3)
- F1. These shares represent restricted stock units granted pursuant to the Old Second Bancorp, Inc. Long Term Incentive Plan. These shares have a three-year cliff vesting.
- F2. Represents shares vested upon the third anniversary of the date of grant previously reported and are now issued and added to the reporting person's common stock holdings outright.
- F3. These shares are held in Ms. York's name outright.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Jill E. York report for OLD SECOND BANCORP INC (OSBC)?
What is the nature of the 3,121 restricted stock units granted to Jill E. York at OSBC?
What does transaction code "F" mean in Jill E. York’s OSBC Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.