Old Second Bancorp insider sells 5,000 shares
OSBC’s vice chairman reported an indirect IRA sale of 5,000 shares and detailed his remaining stock and RSU holdings.
Rhea-AI Filing Summary
OLD SECOND BANCORP INC (OSBC) director and vice chairman Gary S. Collins reported selling 5,000 shares of Old Second Bancorp, Inc. common stock on September 4, 2026 at $25.705 per share in an open-market or private transaction through an indirect IRA account. Following this sale, he indirectly holds 53,136.085 shares in the IRA and 7,095 shares through a 401-K plan, and directly holds 37,312 Restricted Stock Units; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
3 txns
Insider
COLLINS GARY S
Role
VICE CHAIRMAN
Sold
5,000 shs ($129K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Old Second Bancorp, Inc. Common Stock | 5,000 | $25.705 | $129K |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 53,136.085 shares (Indirect, IRA);
Old Second Bancorp, Inc. Common Stock — 7,095 shares (Indirect, By 401-K);
Restricted Stock Units — 37,312 shares (Direct)
Key Figures
Shares sold: 5,000 shares
Sale price per share: $25.705 per share
Indirect IRA holdings after transaction: 53,136.085 shares
+2 more
5 metrics
Shares sold
5,000 shares
Old Second Bancorp, Inc. common stock sold on September 4, 2026
Sale price per share
$25.705 per share
Price for the 5,000-share sale on September 4, 2026
Indirect IRA holdings after transaction
53,136.085 shares
Old Second Bancorp, Inc. common stock held indirectly via IRA after sale
Indirect 401-K holdings
7,095 shares
Old Second Bancorp, Inc. common stock held indirectly via 401-K
Restricted Stock Units
37,312 units
Restricted Stock Units held directly after the reported transactions
Key Terms
Indirect, IRA, 401-K, Restricted Stock Units
4 terms
Indirect financial
"The transaction is reported as indirect ownership through an IRA"
IRA financial
"The nature of ownership for the sold shares is specified as IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
401-K financial
"Additional indirect holdings are reported as By 401-K"
Restricted Stock Units financial
"The insider reports holdings of 37,312 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OSBC insider Gary S. Collins report on this Form 4?
He reported a sale of 5,000 shares of Old Second Bancorp, Inc. common stock on September 4, 2026, executed as an indirect transaction through an IRA, and disclosed his remaining stock and Restricted Stock Unit holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
