Old Second Bancorp (OSBC) EVP updates stock, RSU and 401(k) holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD SECOND BANCORP INC executive Richard A. Gartelmann Jr., an EVP, reported updated holdings and a small plan-related allocation of company stock. A Form 4 entry shows 42 shares of Old Second Bancorp, Inc. common stock were allocated during the second quarter under the company’s Employee Salary and Savings Plan, based on information from the plan trustee as of June 30, 2026.
Following these updates, he directly holds 21,294 Restricted Stock Units and 29,551 shares of common stock, and indirectly holds 12,648 shares of common stock through a 401(k) plan. The filing reflects compensation and retirement-plan activity rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gartelmann Richard A JR
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Old Second Bancorp, Inc. Common Stock | 42 | $0.00 | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 12,648 shares (Indirect, By 401-K);
Old Second Bancorp, Inc. Common Stock — 29,551 shares (Direct, null);
Restricted Stock Units — 21,294 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Plan allocation: 42 shares
Direct RSU holdings: 21,294 RSUs
Direct common stock holdings: 29,551 shares
+2 more
5 metrics
Plan allocation
42 shares
Allocated in Q2 under Employee Salary and Savings Plan
Direct RSU holdings
21,294 RSUs
Restricted Stock Units held directly as of June 30, 2026
Direct common stock holdings
29,551 shares
Old Second Bancorp, Inc. common stock held directly as of June 30, 2026
Indirect 401(k) holdings
12,648 shares
Old Second Bancorp, Inc. common stock held indirectly by 401-K
Restructuring transaction
42 shares
J-code other acquisition or disposition linked to 401-K plan
Key Terms
Restricted Stock Units, Employee Salary and Savings Plan, Form 4, indirect, +1 more
5 terms
Restricted Stock Units financial
""security_title": "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.
Employee Salary and Savings Plan financial
"allocated during the second quarter pursuant to the Old Second Bancorp, Inc. Employee Salary and Savings Plan"
Form 4 regulatory
"INSIDER FILING DATA (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.
indirect financial
""ownership_type": "indirect""
401-K financial
""nature_of_ownership": "By 401-K""
FAQ
What did OSBC EVP Richard Gartelmann report in this Form 4?
He reported updated holdings and a small allocation of Old Second Bancorp, Inc. common stock. 42 shares were allocated to his account under the company’s Employee Salary and Savings Plan during the second quarter, and his direct and indirect holdings were updated accordingly.
How many Old Second Bancorp (OSBC) RSUs does Richard Gartelmann hold?
After the reported changes, he holds 21,294 Restricted Stock Units directly. Restricted Stock Units are share-based compensation that typically convert into common stock over time, tying a portion of executive pay to the company’s long-term performance and share value.
What are Richard Gartelmann’s direct OSBC common stock holdings after this filing?
The Form 4 shows he directly owns 29,551 shares of Old Second Bancorp, Inc. common stock as of June 30, 2026. These shares are separate from his Restricted Stock Units and represent his direct equity stake in the company’s stock.