Vanzo Kendra L 4

What Happened Kendra L. Vanzo, Chief Administrative Officer of Old National Bancorp (ONB), received a performance share award of 18,547 shares that vested on March 15, 2026 (reported as an acquisition at $0.00). To satisfy tax withholding on the vesting, 8,846 shares were surrendered (disposed) at $21.51 per share, totaling approximately $190,277. The award is identified in the filing as an earned performance share award.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely).
• Award: 18,547 shares granted/issued at $0.00 (earned performance share award).
• Tax withholding: 8,846 shares surrendered at $21.51 per share for tax payment, proceeds ≈ $190,277.
• Award includes 1,921 shares issued for accrued dividends on the performance award.
• Separate note: between Dec 16, 2025 and Mar 16, 2026, Vanzo acquired 44 shares via dividend reinvestment in the company 401(k).
• Shares owned after the transaction: not specified in this filing.

Context This was a compensation-related stock award (not an open-market purchase or sale). The surrender of shares to cover tax withholding is a common, routine administrative step when restricted or performance shares vest and does not by itself indicate a buy/sell signal.