Old Second Bancorp (OSBC) director logs RSU grant and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD SECOND BANCORP INC director Patti Temple Rocks reported equity compensation activity involving restricted stock units and related tax withholding. On February 17, 2026, she acquired 3,121 restricted stock units as a grant under the Old Second Bancorp, Inc. Long Term Incentive Plan, with three-year cliff vesting.
On February 21, 2026, 3,077 shares were delivered to cover tax liabilities at $20.57 per share, reducing her restricted stock unit holdings to 10,595 units held directly. Following these transactions, she also reported 20,351 shares of Old Second Bancorp common stock held directly and 18,678.85 shares held indirectly through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Temple Rocks Patti
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 — 20,351 shares (Direct);
Old Second Bancorp, Inc. Common Stock — 18,678.85 shares (Indirect, IRA)
Footnotes (1)
- 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. 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 Ms. Rocks name outright.
FAQ
What insider transactions did OSBC director Patti Temple Rocks report?
Patti Temple Rocks reported a grant of 3,121 restricted stock units and a disposition of 3,077 shares to cover tax liabilities. These transactions reflect routine equity compensation and related tax withholding, not open-market buying or selling of Old Second Bancorp (OSBC) shares.
How many restricted stock units did OSBC grant to Patti Temple Rocks?
Old Second Bancorp (OSBC) granted Patti Temple Rocks 3,121 restricted stock units on February 17, 2026. The units were issued under the company’s Long Term Incentive Plan and carry three-year cliff vesting, meaning they vest all at once after three years, not gradually.
What are Patti Temple Rocks’ OSBC equity holdings after these transactions?
After the reported transactions, Patti Temple Rocks directly holds 10,595 restricted stock units and 20,351 shares of Old Second Bancorp common stock. She also indirectly owns 18,678.85 OSBC shares held through an IRA, reflecting both direct and retirement-related ownership positions.
How do the OSBC restricted stock units for Patti Temple Rocks vest?
The restricted stock units granted to Patti Temple Rocks by Old Second Bancorp (OSBC) vest on a three-year cliff schedule. This means the entire grant becomes exercisable at once on the third anniversary of the grant date, rather than vesting in annual or quarterly installments.
Is the Form 4 activity for OSBC’s Patti Temple Rocks a buy or sell signal?
The Form 4 activity reflects equity awards and tax withholding, not open-market trades. She received 3,121 restricted stock units and had 3,077 shares delivered to cover taxes. These compensation-related entries do not represent discretionary buying or selling of OSBC shares in the market.