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OLD NATIONAL BANCORP /IN/·4

Mar 17, 6:23 PM ET

TISCHLER BRENT R 4

Research Summary

AI-generated summary

Updated

Old National (ONB) CEO Brent Tischler Receives Award, Surrenders Shares for Taxes

What Happened
Brent R. Tischler, CEO, Community Banking at Old National Bancorp (ONB), received a performance-based award of 17,310 shares that vested on March 15, 2026. To satisfy tax withholding upon vesting, 8,807 of those shares were surrendered (disposed) at an effective withholding price of $21.51 per share, generating $189,439 in tax payments. The award includes 1,793 shares issued for accrued dividends on the performance award.

Key Details

  • Transaction date (vesting/reporting period): 2026-03-15; Form 4 filed: 2026-03-17 (appears timely).
  • Award: 17,310 shares granted (code A) at $0.00 (performance share award; F1).
  • Tax withholding/disposition: 8,807 shares surrendered (code F) at $21.51 = $189,439 (F2).
  • Award includes 1,793 shares representing accrued dividends on the performance award (F3).
  • Shares owned after the transaction: not specified in the provided filing.

Context
This was primarily an equity award vesting event (not an open-market purchase or voluntary sale). The surrender of shares was to cover statutory tax withholding on vested performance shares, a routine administrative step that does not necessarily indicate a change in insider sentiment.