Old National Bancorp (ONB) CLO Nicholas Chulos Sells 20,000 Shares

What Happened

• Nicholas J. Chulos, Chief Legal Officer & Corporate Secretary of Old National Bancorp (ONB), reported an open-market sale of 20,000 shares on July 28, 2026.
• The shares were sold at $26.66 each for a total of $533,192. The filing states the shares were sold for estate-planning and portfolio-diversification purposes.

Key Details

• Transaction type: Open market sale (S)
• Transaction date: July 28, 2026
• Price per share: $26.66
• Total proceeds: $533,192
• Footnote: Between March 17 and June 15, 2026, Chulos acquired 81 shares via dividend reinvestment in the company 401(k) plan (F1).
• Reason noted in filing: estate planning and securities portfolio diversification.
• Filing: Form 4 filed July 29, 2026 (one day after the trade) — timely under reporting rules.
• Shares owned after the transaction: not specified in the Form 4.

Context

• This was a sale, which insiders commonly undertake for personal reasons (taxes, estate planning, diversification) and does not by itself indicate a change in the company’s fundamentals. The filing’s stated reasons (estate planning and diversification) align with routine, non-informational motives.