OSBC CEO updates holdings after plan allocations
OLD SECOND BANCORP INC chairman and CEO James Eccher reported routine plan-related share allocations with no open-market trades.
Rhea-AI Filing Summary
OLD SECOND BANCORP INC chairman and CEO James Eccher reported routine plan-related share allocations with no open-market trades. On March 31, 2026, 369 shares of Old Second Bancorp common stock were allocated to his 401-K and 22 shares to an employees profit sharing plan. Following these transactions, he indirectly holds 33,387 shares via the 401-K and 6,357 shares via the profit sharing plan, and directly holds 378,399 common shares, including 148 jointly with his spouse and 378,251 in a brokerage account, plus 188,252 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 391 shares
Other
4 txns
Insider
Eccher James
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Old Second Bancorp, Inc. Common Stock | 369 | $0.00 | $0.00 |
| Other | Old Second Bancorp, Inc. Common Stock | 22 | $0.00 | $0.00 |
| holding | Old Second Bancorp, Inc. Common Stock | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Old Second Bancorp, Inc. Common Stock — 33,387 shares (Indirect, By 401-K);
Old Second Bancorp, Inc. Common Stock — 6,357 shares (Indirect, By Profit Sharing);
Old Second Bancorp, Inc. Common Stock — 378,399 shares (Direct);
Restricted Stock Units — 188,252 shares (Direct)
Footnotes (3)
- F1. Of this total, 369 shares were allocated during the first quarter pursuant to the Old Second Bancorp, Inc. Salary and Savings Plan. Information was provided herein by the Plan Trustee as of 3-31-26.
- F2. Of this total, 22 shares were allocated during the first quarter pursuant to the Old Second Bancorp, Inc. Employees Profit Sharing Plan and Trust. Information herein was provided by the Plan Trustee as of 3-31-26.
- F3. Included in this total are 148 shares held jointly with spouse and 378,251 shares held in a brokerage account.
Key Figures
401-K allocation: 369 shares
Profit sharing allocation: 22 shares
Indirect 401-K holdings: 33,387 shares
+5 more
8 metrics
401-K allocation
369 shares
Allocated during first quarter 2026 under Salary and Savings Plan
Profit sharing allocation
22 shares
Allocated during first quarter 2026 under Employees Profit Sharing Plan
Indirect 401-K holdings
33,387 shares
Total indirect holdings by 401-K after March 31, 2026 transactions
Indirect profit sharing holdings
6,357 shares
Total indirect holdings by profit sharing plan after March 31, 2026
Direct common stock holdings
378,399 shares
Direct Old Second Bancorp common stock after March 31, 2026
Restricted stock units
188,252 units
RSUs held directly as of March 31, 2026
Jointly held shares with spouse
148 shares
Included within direct 378,399-share common stock position
Brokerage account shares
378,251 shares
Portion of direct holdings held in brokerage account
Key Terms
Old Second Bancorp, Inc. Salary and Savings Plan, Employees Profit Sharing Plan and Trust, Restricted Stock Units, transaction code "J", +1 more
5 terms
Old Second Bancorp, Inc. Salary and Savings Plan financial
"369 shares were allocated during the first quarter pursuant to the Old Second Bancorp, Inc. Salary and Savings Plan."
Employees Profit Sharing Plan and Trust financial
"22 shares were allocated during the first quarter pursuant to the Old Second Bancorp, Inc. Employees Profit Sharing Plan and Trust."
Restricted Stock Units financial
"Restricted Stock Units listed as a holding with 188,252.0000 total shares following transaction."
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.
transaction code "J" financial
"transaction_code": "J" ... "transaction_code_description": "Other acquisition or disposition""
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By 401-K""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did OSBC chairman and CEO James Eccher report in this Form 4?
James Eccher reported routine, non-market transactions involving Old Second Bancorp common stock. Shares were allocated to his 401-K and an employees profit sharing plan, and his direct and indirect holdings, including restricted stock units, were updated as of March 31, 2026.
Were there any open-market buys or sells of OSBC stock in this filing?
No open-market purchases or sales were reported in this Form 4. The transactions are coded “J” as other acquisitions or dispositions tied to benefit plans, with allocations made to a 401-K and an employees profit sharing plan during the first quarter of 2026.
What are James Eccher’s indirect holdings of OSBC through retirement and profit sharing plans?
Indirectly, Eccher holds 33,387 shares through a 401-K and 6,357 shares through an employees profit sharing plan. The filing notes that 369 and 22 shares, respectively, were allocated to these plans during the first quarter of 2026 by the plan trustees.
How many restricted stock units (RSUs) linked to OSBC does James Eccher hold?
The Form 4 shows that Eccher holds 188,252 restricted stock units. These RSUs represent rights to receive Old Second Bancorp common shares in the future, subject to applicable vesting or other conditions described in the company’s compensation arrangements.
What does transaction code “J” mean in James Eccher’s OSBC Form 4?
Transaction code “J” in this Form 4 is described as an other acquisition or disposition. Here, it reflects plan-related reallocations of 369 shares to a 401-K and 22 shares to an employees profit sharing plan during the first quarter, not open-market trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
