Vanzo Kendra L 4

What Happened
Kendra L. Vanzo, Chief Administrative Officer of Old National Bancorp (ONB), received a restricted stock award of 9,455 shares on March 1, 2026. To satisfy tax withholding on the vesting, she surrendered 4,697 shares at $23.10 per share, a disposition valued at $108,501. The award itself was reported at $0.00 per share (restricted grant).

Key Details

• Transaction date: March 1, 2026. Filing date: March 3, 2026 (reporting period March 1, 2026).
• Grant/acquisition: 9,455 restricted shares @ $0.00 (footnote F2).
• Share surrender for tax withholding: 4,697 shares @ $23.10 = $108,501 (footnote F1).
• Shares owned after the reported transactions: not specified in the filing.
• Additional note: the filing discloses prior dividend reinvestment purchases of 126 shares between Mar 18, 2025 and Dec 15, 2025 (footnote F3).
• Filing timeliness: reported two days after the transaction date; no indication in the filing that it was late.

Context
The receipt of restricted stock is a compensation-related acquisition (not an open-market purchase) and the share surrender to cover taxes is routine. Such tax-withholding dispositions are common and do not necessarily indicate an intent to reduce exposure to the stock. Restricted awards signal ongoing executive compensation alignment with shareholders but should be viewed as part of pay, not an independent bullish endorsement.