Old Second Bancorp (OSBC) CFO reports routine plan share allocation
Rhea-AI Filing Summary
OLD SECOND BANCORP INC executive Bradley S. Adams, the CFO and COO, reported updated share holdings on a Form 4. The filing shows a small 34-share transaction coded “J,” described as an other acquisition or disposition, allocated during the second quarter under the Old Second Bancorp, Inc. Salary & Savings Plan and reported by the plan trustee as of June 30, 2026.
After this plan-related activity, Adams directly holds 84,980 Restricted Stock Units and 160,401 shares of Old Second Bancorp common stock. Footnotes state this common stock figure includes 75,300 shares held jointly with his spouse through a broker and 85,101 shares held jointly with his spouse outright. In addition, he indirectly holds 10,193 shares through the 401-k Salary & Savings Plan. The transactions are routine reporting and do not reflect any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 34 shares
Net Buy
3 txns
Insider
ADAMS BRADLEY S.
Role
CFO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Old Second Bancorp, Inc. Common Stock | 34 | $0.00 | $0.00 |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 10,193 shares (Indirect, By 401-k Plan);
Old Second Bancorp, Inc. Common Stock — 160,401 shares (Direct);
Restricted Stock Units — 84,980 shares (Direct)
Footnotes (2)
- F1. Of this total, 34 shares were allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Salary & Savings Plan. Information herein was provided by the Plan Trustee as of 6-30-26.
- F2. Included in this total are 75,300 shares held jointly with spouse with a broker and 85,101 shares held jointly with spouse outright.
Key Figures
Plan-related shares moved: 34 shares
Indirect 401-k holdings: 10,193 shares
Restricted Stock Units: 84,980 units
+4 more
7 metrics
Plan-related shares moved
34 shares
Other acquisition or disposition in Salary & Savings Plan, Q2 as of June 30, 2026
Indirect 401-k holdings
10,193 shares
Old Second Bancorp common stock held by 401-k Salary & Savings Plan after transaction
Restricted Stock Units
84,980 units
RSUs directly held by Bradley Adams following reported activity
Direct common stock holdings
160,401 shares
Old Second Bancorp common stock directly held by Adams after June 30, 2026
Joint broker-held shares with spouse
75,300 shares
Portion of direct common stock held jointly with spouse through a broker
Joint outright shares with spouse
85,101 shares
Portion of direct common stock held jointly with spouse outright
Transaction price per share
$0.0000 per share
Reported for the 34-share J-code transaction in the plan
Key Terms
Restricted Stock Units, Old Second Bancorp, Inc. Salary & Savings Plan, transaction code J, Form 4
4 terms
Restricted Stock Units financial
"Bradley Adams holds 84,980 Restricted Stock Units after the reported activity."
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.
Old Second Bancorp, Inc. Salary & Savings Plan financial
"34 shares were allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Salary & Savings Plan."
transaction code J financial
"The 34-share transaction, coded “J,” reflects an other acquisition or disposition."
Form 4 regulatory
"He reported updated share holdings and a small plan-related transaction on a Form 4."
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.
FAQ
What did OSBC CFO Bradley S. Adams report in this Form 4?
He reported updated share holdings and a small plan-related transaction. A 34-share movement in the Salary & Savings Plan was recorded, along with his post-transaction direct and indirect ownership in Old Second Bancorp common stock and restricted stock units.
How many Old Second Bancorp RSUs does OSBC CFO Bradley Adams hold?
Bradley Adams holds 84,980 Restricted Stock Units after the reported activity. These RSUs represent deferred equity-based compensation that may convert into common shares according to the company’s award terms and vesting schedules disclosed in separate compensation documents.
What is Bradley Adams’ direct common stock ownership in OSBC after this filing?
He directly owns 160,401 shares of Old Second Bancorp common stock. Footnotes explain this includes 75,300 shares held jointly with his spouse through a broker and 85,101 shares held jointly with his spouse outright, reflecting combined household holdings.
Does this OSBC Form 4 show open-market buying or selling by the CFO?
The Form 4 does not show open-market purchases or sales. It mainly reports updated holdings and a small 34-share plan-related movement coded as an other acquisition or disposition within the company’s Salary & Savings Plan, at a reported price of $0.0000 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
