Old Second director sells 25K shares at $25.63
A director of OLD SECOND BANCORP INC reported an open-market sale of 25,000 OSBC shares and still holds over 135,000 shares directly.
Rhea-AI Filing Summary
OLD SECOND BANCORP INC (OSBC) director Hugh H. McLean reported selling 25,000 shares of Old Second Bancorp, Inc. Common Stock on September 8, 2026, in an open-market transaction at a weighted average price of $25.6307 per share. Following this sale, he directly holds 135,351 shares.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 25,000 shares
Net Sell
1 txn
Insider
MCLEAN HUGH H
Role
Director
Sold
25,000 shs ($641K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Old Second Bancorp, Inc. Common Stock F1 | 25,000 | $25.6307 | $641K |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 135,351 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average price. The transactions were effected at prices ranging from $25.63 to $25.655, inclusive.
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $25.6307 per share
Post-transaction holdings: 135,351 shares
+1 more
4 metrics
Shares sold
25,000 shares
Old Second Bancorp, Inc. Common Stock sold on September 8, 2026
Weighted average sale price
$25.6307 per share
Open-market or private sale of OSBC shares
Post-transaction holdings
135,351 shares
Directly held by Hugh H. McLean after the September 8, 2026 sale
Reported price range
$25.63–$25.655 per share
Range of prices at which the sale transactions were effected
Key Terms
weighted average price, open market or private transaction
2 terms
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did OSBC director Hugh H. McLean report?
He reported a sale of 25,000 shares of Old Second Bancorp, Inc. Common Stock on September 8, 2026, classified as a sale in an open market or private transaction.
Was the OSBC insider sale made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote indicates that the transaction was made pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.