Evernham Scott J 4

What Happened Scott J. Evernham, Chief Risk Officer of Old National Bancorp (ONB), received a restricted stock award of 11,346 shares on 2026-03-01 (grant value reported at $0.00). On the same date he surrendered 5,618 previously vested shares at $23.10 per share to satisfy tax withholding obligations, a disposition valued at $129,776. Net change from these transactions is an increase of 5,728 shares held by the reporting person (11,346 acquired − 5,618 surrendered).

Key Details

• Transaction dates: 2026-03-01; filing date (Form 4): 2026-03-03 (filed timely).
• Grant: 11,346 restricted shares (code A), reported at $0.00 acquisition price.
• Tax withholding disposition: 5,618 shares surrendered (code F) at $23.10 each, total $129,776.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = shares surrendered to cover tax withholding on vesting; F2 = restricted stock award granted in 2026.
• No 10b5-1 plan, late filing, or other trading arrangements reported.

Context

• The surrender (code F) was a tax-withholding action tied to vested restricted shares and is a routine administrative step rather than an open-market sale.
• The new grant (code A) is a compensation award; such grants are common for executives and do not necessarily signal market view.
• For retail investors, purchases or net increases in ownership can be of interest; here the insider’s net holdings increased by 5,728 shares as a result of the award minus withholding.