Barry Finn of OLD SECOND BANCORP (OSBC) reports RSU grant and tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD SECOND BANCORP INC director Barry Finn reported equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On February 17, 2026, he acquired 3,121 RSUs at $0.00 per unit as a grant under the Long Term Incentive Plan, which features three-year cliff vesting.
On February 21, 2026, 3,077 RSUs were disposed of at $20.57 per share to cover tax liabilities by delivering shares. Footnotes indicate vested RSUs were issued as common stock and added to his holdings, which include shares held outright and in a brokerage account.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Finn Barry
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Restricted Stock Units | 3,077 | $20.57 | $63K |
| Grant/Award | Restricted Stock Units | 3,121 | $0.00 | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,595 shares (Direct);
Old Second Bancorp, Inc. Common Stock — 3,077 shares (Direct)
Footnotes (1)
- These shares represent restricted stock units granted pursuant to the Old Second Bancorp, Inc. Long Term Incentive Plan. These shares have a three-year cliff vesting. Represents shares vested upon the third anniversary of the date of grant previously reported and are now issued and added to the reporting person's common stock holdings outright. These shares are held in Mr. Finn's name outright. These shares are held in Mr. Finn's name in a brokerage account.
FAQ
What insider transactions did Barry Finn report for OLD SECOND BANCORP INC (OSBC)?
Barry Finn reported a grant of 3,121 restricted stock units on February 17, 2026, and a disposition of 3,077 units on February 21, 2026, to satisfy tax obligations by delivering shares rather than selling them for cash.
How many restricted stock units did Barry Finn receive from OLD SECOND BANCORP INC (OSBC)?
Barry Finn received a grant of 3,121 restricted stock units on February 17, 2026. These units were awarded at $0.00 per unit under the company’s Long Term Incentive Plan, which is structured with a three-year cliff vesting schedule before shares fully vest.
Why were 3,077 OLD SECOND BANCORP INC (OSBC) restricted stock units disposed of?
The 3,077 restricted stock units were disposed of on February 21, 2026, at $20.57 per share to pay tax liabilities by delivering shares. This tax-withholding disposition is recorded under transaction code F rather than as an open-market sale.
What vesting terms apply to Barry Finn’s OLD SECOND BANCORP INC (OSBC) restricted stock units?
The restricted stock units granted to Barry Finn vest on a three-year cliff basis under the Long Term Incentive Plan. Footnotes state that vested units after the third anniversary are issued as common stock and added directly to his common stock holdings.