OLD NATIONAL (ONB) Wealth Mgmt CEO Chady M. Alahmar Sells Shares

What Happened
Chady M. Alahmar, CEO of Wealth Management at Old National Bancorp (ONB), reported a sale of 11,771 shares on July 30, 2026. The shares were disposed at $26.41 each for a total proceeds of $310,844. The filing classifies the transaction as an open market or private sale (code S). According to the remarks, the shares were sold for estate planning and securities portfolio diversification purposes. This is a sale (not a purchase), which is typically considered routine and does not by itself indicate a change in company outlook.

Key Details

• Transaction date: 2026-07-30; filing date: 2026-07-31 (filed promptly)
• Transaction type/code: Sale (S) — reported as open market or private sale
• Shares sold: 11,771 at $26.41 per share; total value: $310,844
• Shares owned after transaction: Not reported in this filing
• Notable notes: Seller stated the sale was for estate planning and portfolio diversification; no 10b5-1 plan or tax-withholding notation disclosed in the provided data
• Filing timeliness: No late-filing flag noted

Context
Sales by insiders can reflect personal financial planning (as stated here) rather than a view on the company. Purchases typically carry more informational weight for investors looking for insider confidence; this filing documents a routine disposal with an explicit, non-market-driven reason.