Old Second director sells 25K OSBC shares
Old Second Bancorp director reports a 25,000-share sale and now directly holds 135,351 OSBC shares plus 10,595 RSUs.
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 3, 2026, at $25.727 per share in an open-market or private transaction. After this activity and an internal transfer of 3,077 shares to his brokerage account, he directly holds 135,351 common shares and 10,595 Restricted Stock Units.
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Insights
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Insider Trade Summary
Net Seller: 25,000 shares
Net Sell
2 txns
Insider
MCLEAN HUGH H
Role
Director
Sold
25,000 shs ($643K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Old Second Bancorp, Inc. Common Stock F1 | 25,000 | $25.727 | $643K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 135,351 shares (Direct);
Restricted Stock Units — 10,595 shares (Direct)
Footnotes (1)
- F1. The reporting person moved 3,077 shares that were previously held in his account from within Old Second Bancorp, Inc., as reported on a Form 4 filing dated February 24, 2026, to his brokerage account. The total shown reflects the addition of the 3,077 shares when combined with the sale of 25,000 shares.
Key Figures
Shares sold: 25,000 shares
Sale price per share: $25.727 per share
Common shares owned after transaction: 135,351 shares
+2 more
5 metrics
Shares sold
25,000 shares
Sale of Old Second Bancorp, Inc. common stock on September 3, 2026
Sale price per share
$25.727 per share
Price for the 25,000-share sale on September 3, 2026
Common shares owned after transaction
135,351 shares
Directly held by Hugh H. McLean after the reported sale and share move
Restricted Stock Units held
10,595 RSUs
Direct RSU holdings reported as of September 3, 2026
Shares moved between accounts
3,077 shares
Moved from an account within Old Second Bancorp, Inc. to a brokerage account, included in the post-transaction total
Key Terms
Restricted Stock Units, open market or private transaction, brokerage account
3 terms
Restricted Stock Units financial
"The Form 4 shows that Hugh H. McLean directly holds 10,595 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.
open market or private transaction financial
"Sale in open market or private transaction for 25,000 shares at $25.727"
brokerage account financial
"3,077 shares were moved to his brokerage account and included in the total"
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 3, 2026 at $25.727 per share in an open-market or private transaction.
What derivative or RSU holdings does the OSBC director report?
The Form 4 shows that Hugh H. McLean directly holds 10,595 Restricted Stock Units after the reported date of September 3, 2026. No other derivative positions are listed in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.