Old Second (NASDAQ: OSBC) CEO updates direct and plan-held share balances
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD SECOND BANCORP INC Chairman and CEO James Eccher reported updated holdings of company stock and equity awards. The filing shows 188,252 Restricted Stock Units held directly and 378,399 shares of Old Second Bancorp common stock held directly, including shares in a brokerage account and shares held jointly with his spouse.
In addition, plan-related activity allocated 111 shares during the second quarter under the company’s Salary and Savings Plan and 21 shares under the Employees Profit Sharing Plan, leaving indirect holdings of 33,498 shares and 6,378 shares, respectively, as of June 30, 2026. These are reported as "other" transactions rather than open-market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Eccher James
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Old Second Bancorp, Inc. Common Stock | 21 | $0.00 | -- |
| Other | Old Second Bancorp, Inc. Common Stock | 111 | $0.00 | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 6,378 shares (Indirect, By Profit Sharing);
Old Second Bancorp, Inc. Common Stock — 378,399 shares (Direct, null);
Restricted Stock Units — 188,252 shares (Direct, null)
Footnotes (1)
- Of this total, 21 shares were 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, 111 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. Included in this total are 148 shares held jointly with spouse and 378,251 shares held in a brokerage account.
Key Figures
Restricted Stock Units held: 188,252 RSUs
Direct common stock holdings: 378,399 shares
401(k) plan shares after allocation: 33,498 shares
+2 more
5 metrics
Restricted Stock Units held
188,252 RSUs
Direct RSU holdings as of June 30, 2026
Direct common stock holdings
378,399 shares
Direct Old Second Bancorp common stock as of June 30, 2026
401(k) plan shares after allocation
33,498 shares
Indirect holdings by Salary and Savings Plan as of June 30, 2026
Profit Sharing Plan shares after allocation
6,378 shares
Indirect holdings by Employees Profit Sharing Plan as of June 30, 2026
Quarterly plan allocations
132 shares
111 Salary and Savings Plan; 21 Profit Sharing Plan during Q2
Key Terms
Restricted Stock Units, Employees Profit Sharing Plan, Salary and Savings Plan, Form 4
4 terms
Restricted Stock Units financial
"The filing shows 188,252 Restricted Stock Units held directly"
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
"21 shares were allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Employees Profit Sharing Plan and Trust"
Salary and Savings Plan financial
"111 shares were allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Salary and Savings Plan"
Form 4 regulatory
"This Form 4 does not show net buying or selling activity"
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 insider activity did OSBC Chairman and CEO James Eccher report?
James Eccher reported updated holdings in Old Second Bancorp stock and Restricted Stock Units. The filing details direct and indirect ownership across brokerage, joint, and employee benefit plan accounts as of June 30, 2026, without reporting any open-market purchases or sales.
How many Old Second Bancorp RSUs does James Eccher hold after this Form 4?
After this filing, James Eccher holds 188,252 Restricted Stock Units in Old Second Bancorp. RSUs are equity awards that typically convert into common shares upon vesting, aligning executive compensation with shareholder value over time, subject to the company’s specific plan terms.
What are James Eccher’s direct common stock holdings in OSBC?
Eccher directly holds 378,399 shares of Old Second Bancorp common stock. Footnotes indicate this total includes 148 shares held jointly with his spouse and 378,251 shares held in a brokerage account, reflecting his direct economic stake in the company’s equity.
What do the J-coded transactions in Eccher’s OSBC Form 4 represent?
The J-coded entries represent "other" transactions, not standard buys or sells. They show 111 shares allocated under the Salary and Savings Plan and 21 shares under the Employees Profit Sharing Plan during the second quarter, based on information from the respective plan trustees.
Does this OSBC Form 4 show net buying or selling by James Eccher?
The Form 4 does not show net buying or selling activity. It reports plan-related allocations and updated holdings only, with the transaction summary indicating zero buy shares, zero sell shares, and a neutral net buy/sell direction across the reported transactions.