Evernham Scott J 4
Research Summary
AI-generated summary
Old National (ONB) CRO Scott Evernham Buys 43 Shares
What Happened Scott J. Evernham, Chief Risk Officer of Old National Bancorp (ONB), acquired 43 shares on March 31, 2026 at $21.00 per share for a total of $903. The transaction is reported as an "other acquisition or disposition (J)" and reflects shares purchased under the company's Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date: 2026-03-31; Price: $21.00 per share; Shares: 43; Total value: $903.
- Method: Employee Stock Purchase Plan (ESPP); filing footnote F1 states these shares are exempt under Rule 16b-3(c).
- Filing date: 2026-04-10 (filed more than two business days after the transaction, which suggests a late Form 4 filing).
- Shares owned after the transaction: not specified in this filing.
- Transaction code: J (other acquisition/disposition); exempt status means this ESPP purchase is treated differently from typical open-market purchases for Rule 16b-3 purposes.
Context ESPP purchases like this are often routine payroll deductions or plan purchases and are typically treated as exempt under Rule 16b-3 if made under an approved plan — they do not necessarily signal a strong change in insider sentiment. The small size ($903) further suggests a routine employee-plan purchase rather than a material personal investment decision.