Chulos Nicholas J 4

What Happened

• Nicholas J. Chulos, Chief Legal Officer & Corporate Secretary of Old National Bancorp (ONB), received a performance share award that vested on 2026-03-15. A total of 13,910 shares were issued to him at $0.00 (award/vesting). To satisfy tax withholding obligations, 4,958 of those shares were surrendered (disposed) at an attributable price of $21.51 per share, equal to $106,647. Net shares added from this vesting: 8,952 (13,910 granted minus 4,958 withheld).

Key Details

• Transaction dates: vesting and withholding occurred 2026-03-15; Form 4 filed 2026-03-17 (timely).
• Award: 13,910 shares issued (code A); withholding: 4,958 shares surrendered for taxes (code F) at $21.51/share = $106,647.
• Net new shares from vesting: 8,952.
• Includes 1,440 shares issued for accrued dividends on the performance award (footnote F3).
• Separately, the reporting person acquired 93 shares via dividend reinvestment in the company 401(k) between 12/16/2025 and 3/16/2026 (footnote F4).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Nature of transaction: earned performance-share award (not an open-market purchase or option exercise); surrender of shares for tax withholding is routine (code F).

Context

• This filing reports an earned equity award vesting and the routine surrender of shares to cover taxes. Such awards are compensation-related and do not, by themselves, signal a deliberate open-market buy or sell. The transaction was reported promptly on the Form 4.