Old Second Bancorp director reports RSU grant
OLD SECOND BANCORP INC director Hugh H. McLean reported equity award activity involving restricted stock units and common stock.
Rhea-AI Filing Summary
OLD SECOND BANCORP INC director Hugh H. McLean reported equity award activity involving restricted stock units and common stock. On February 17, 2026, he received a grant of 3,121 restricted stock units at $0.00 per unit under the company’s Long Term Incentive Plan, which carry a three-year cliff vesting schedule.
Upon vesting on the third anniversary of the prior grant, 3,077 shares of common stock were issued and added to his holdings, with a related tax-withholding disposition of 3,077 restricted stock units at $20.57 per share on February 21, 2026. Following these transactions, he directly held 10,595 restricted stock units and 157,274 shares of Old Second Bancorp, Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Restricted Stock Units | 3,077 | $20.57 | $63K |
| Grant/Award | Restricted Stock Units | 3,121 | $0.00 | $0.00 |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
Footnotes (4)
- F1. These represent restricted stock units granted pursuant to the Old Second Bancorp, Inc. Long Term Incentive Plan. These shares have a three-year cliff vesting.
- F2. 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.
- F3. These shares are held in Mr. McLean's name outright.
- F4. These shares are held jointly with spouse.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did OSBC director Hugh H. McLean report on this Form 4?
How many restricted stock units were granted to OSBC director Hugh H. McLean?
What was the size and price of the tax-withholding disposition reported by OSBC’s director?
What are the vesting terms of the restricted stock units granted to OSBC director Hugh H. McLean?
AI-generated analysis. How Rhea-AI works. Not financial advice.