Old Second Bancorp (OSBC) CEO Eccher sells 19,313 shares under 10b5-1 plan
Rhea-AI Filing Summary
Old Second Bancorp, Inc. director and Chairman/CEO James Eccher reported a sale of 19,313 shares of common stock on August 12, 2026 in an open-market transaction under a Rule 10b5-1 trading plan adopted on May 1, 2026. The weighted average sale price was $25.6149 per share, with individual trades between $25.48 and $25.79. Following this sale, Eccher directly holds 303,399 shares, including 303,251 shares in a brokerage account and 148 shares held jointly with his spouse.
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Insider Trade Summary 10b5-1
Net Seller: 19,313 shares
Net Sell
1 txn
Insider
Eccher James
Role
CHAIRMAN AND CEO
Sold
19,313 shs ($495K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Old Second Bancorp, Inc. Common Stock F1, F2, F3 | 19,313 | $25.6149 | $495K |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 303,399 shares (Direct)
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 1, 2026.
- F2. The price reported is a weighted average price. The transactions were effected at prices ranging from $25.48 to $25.79.
- F3. Included in this total are 303,251 shares held at a brokerage firm in the reporting person's name and 148 shares held jointly with spouse outright.
Key Figures
Shares sold: 19,313 shares
Weighted average sale price: $25.6149 per share
Post-transaction holdings: 303,399 shares
+3 more
6 metrics
Shares sold
19,313 shares
Common stock sale reported for August 12, 2026
Weighted average sale price
$25.6149 per share
Weighted average price for the reported sale transactions
Post-transaction holdings
303,399 shares
Shares directly held by James Eccher after the sale
Brokerage account holdings
303,251 shares
Portion of Eccher’s holdings at a brokerage firm
Jointly held shares with spouse
148 shares
Shares held jointly with spouse outright
10b5-1 plan adoption date
May 1, 2026
Date Eccher adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Form 4, common stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales ... were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. The transactions were effected"
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"Old Second Bancorp, Inc. Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did OSBC Chairman and CEO James Eccher report?
James Eccher reported a sale of 19,313 Old Second Bancorp (OSBC) shares of common stock on August 12, 2026. The transaction was executed in the open market under a pre-established Rule 10b5-1 trading plan.
Was the OSBC insider sale by James Eccher made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan that James Eccher adopted on May 1, 2026, indicating the trades were pre-arranged.
What role does James Eccher hold at Old Second Bancorp (OSBC)?
James Eccher is identified as both a director and the Chairman and CEO of Old Second Bancorp, Inc. His Form 4 reflects transactions in company common stock in his capacity as a reporting insider.
AI-generated analysis. How Rhea-AI works. Not financial advice.