Chulos Nicholas J 4

What Happened Nicholas J. Chulos, Chief Legal Officer and Corporate Secretary of Old National Bancorp (ONB), sold a total of 30,000 shares in two open‑market transactions on February 3, 2026. Each block was 15,000 shares at $25.05 per share, generating roughly $375,749 each and about $751,498 total. The Form 4 notes the sales were for estate planning and securities portfolio diversification purposes.

Key Details

• Transaction date: February 3, 2026 (reported on Form 4 filed February 5, 2026).
• Trades: Two sales of 15,000 shares each at $25.05 per share.
• Gross proceeds: Approximately $375,749 per sale; ~$751,498 total.
• Transaction code: S (Sale).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Reporting person acquired 262 shares between March 18, 2025 and December 15, 2025 via dividend reinvestment in the company 401(k) plan.
• Filing timeliness: Form 4 was filed two days after the trades (appears within the standard two-business-day deadline).
• Reported reason: Sales made for estate planning and portfolio diversification (per remarks).

Context Sales by executives can be routine and don’t necessarily signal negative views of the company—here the filing cites estate planning and diversification. For retail investors, purchases are often more informative about insider confidence; this filing documents routine disposition of stock rather than an acquisition.