TISCHLER BRENT R 4
Research Summary
AI-generated summary
Old National (ONB) Brent R. Tischler Receives Award; Surrenders Shares
What Happened
- Brent R. Tischler, CEO of Community Banking at Old National Bancorp (ONB), received a restricted stock award of 7,494 shares on 2026-03-01 and simultaneously surrendered 4,422 shares to satisfy tax withholding obligations. The surrendered shares were reported at $23.10 each, totaling $102,148. The grant is reported with a $0.00 per-share acquisition price (restricted award).
Key Details
- Transaction dates: 2026-03-01 (grant and tax-withholding share surrender); filing date: 2026-03-03 (appears timely).
- Grant: 7,494 shares (restricted stock award) — reported acquisition price $0.00 (footnote F2).
- Tax withholding: 4,422 shares surrendered at $23.10 per share, totaling $102,148 (footnote F1).
- Shares owned after transaction: not disclosed in this filing.
- Transaction codes: A = Award/Grant; F = Tax withholding (shares surrendered to cover taxes).
- No indication of a 10b5-1 plan or sale on the open market in this filing.
Context
- This filing reflects a typical restricted stock award and a routine cashless-type withholding where shares are surrendered to cover taxes; such withholding transactions are administrative and do not necessarily signal a change in insider confidence. The net economic effect is the insider receiving the award but delivering some shares immediately to meet tax obligations.