Old Second Bancorp (OSBC) EVP Pilmer updates stock and RSU holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD SECOND BANCORP INC executive Donald Pilmer reported updated share holdings, including small benefit-plan allocations. As of the reported date, he held 39,498 Restricted Stock Units directly and 48,054 shares of Old Second Bancorp common stock in a brokerage account in his name. Indirect holdings included 1,450 shares in a spouse’s IRA, 4,037 shares through a 401(k) salary and savings plan, and 184 shares through an employees profit sharing plan, with 14 and 1 shares respectively allocated during the second quarter at no stated price. These changes reflect routine plan-related adjustments rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Pilmer Donald
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Old Second Bancorp, Inc. Common Stock | 1 | $0.00 | -- |
| Other | Old Second Bancorp, Inc. Common Stock | 14 | $0.00 | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 184 shares (Indirect, By Profit Sharing Plan);
Old Second Bancorp, Inc. Common Stock — 48,054 shares (Direct, null);
Restricted Stock Units — 39,498 shares (Direct, null)
Footnotes (1)
- Of this total, 1 share was allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Employees Profit Sharing Plan and Trust. Information herein was provided by the Plan Trustee as of 6-30-26. Of this total, 14 shares were allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Salary and Savings Plan. Information was provided herein by the Plan Trustee as of 6-30-26. These shares are held in spouse's IRA for which Mr. Pilmer is listed as a beneficiary. These shares are held in a brokerage account in Mr. Pilmer's name.
Key Figures
Restricted Stock Units: 39,498 units
Direct common stock: 48,054 shares
Spouse IRA holdings: 1,450 shares
+5 more
8 metrics
Restricted Stock Units
39,498 units
Direct RSU holdings as of 06-30-26
Direct common stock
48,054 shares
Shares held in brokerage account as of 06-30-26
Spouse IRA holdings
1,450 shares
Indirect ownership via spouse's IRA as of 06-30-26
401(k) plan holdings
4,037 shares
Indirect ownership by 401-K Salary and Savings Plan
Profit sharing plan holdings
184 shares
Indirect ownership by Employees Profit Sharing Plan
Quarterly 401(k) allocation
14 shares
Allocated during second quarter via Salary and Savings Plan
Quarterly profit sharing allocation
1 share
Allocated during second quarter via Profit Sharing Plan
Restructuring-related shares
15 shares
Total J-code other transactions in this filing
Key Terms
Restricted Stock Units, Employees Profit Sharing Plan, Salary and Savings Plan, Spouse's IRA, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with 39,498.0000 units following the transaction"
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.
Employees Profit Sharing Plan financial
"1 share was allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Employees Profit Sharing Plan and Trust"
Salary and Savings Plan financial
"14 shares were allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Salary and Savings Plan"
Spouse's IRA financial
"These shares are held in spouse's IRA for which Mr. Pilmer is listed as a beneficiary"
transaction code J financial
"transaction_code: "J" with description "Other acquisition or disposition" for non-derivative common stock"
FAQ
What did OSBC executive Donald Pilmer report in this Form 4?
Donald Pilmer reported updated equity holdings, mainly from benefit-plan allocations. The filing shows his direct restricted stock units, direct common stock, and indirect holdings via a spouse’s IRA, a 401(k) salary and savings plan, and an employees profit sharing plan, with minor share increases from plan allocations.
How many Restricted Stock Units does Donald Pilmer hold at Old Second Bancorp (OSBC)?
Donald Pilmer holds 39,498 Restricted Stock Units at Old Second Bancorp. These RSUs represent a deferred equity interest typically subject to vesting conditions. They are reported as a direct holding and remain unexercised derivative-based compensation as of the filing date.
What are Donald Pilmer’s direct common stock holdings in OSBC after these transactions?
Pilmer directly holds 48,054 shares of Old Second Bancorp common stock. Footnotes indicate these shares are maintained in a brokerage account in his name, separate from shares held through retirement or profit sharing plans, which are reported as indirect ownership.
What do the J-code transactions in Donald Pilmer’s OSBC Form 4 represent?
The J-code entries reflect other non-market transactions tied to benefit plans. The filing shows 14 shares allocated during the quarter to a 401(k) salary and savings plan and 1 share allocated to an employees profit sharing plan, both at a reported price of $0.00 per share.