COLLINS GARY S 4
Research Summary
AI-generated summary
OLD SECOND BANCORP (OSBC) Vice Chairman Gary Collins Sells Shares
What Happened
- Gary S. Collins, Vice Chairman and director of Old Second Bancorp (OSBC), reported an open-market sale of 22,154 shares on March 20, 2026. The shares were disposed for a total of approximately $429,435 at a weighted average price of $19.38 per share (sale prices ranged $19.37–$19.40).
Key Details
- Transaction date: 2026-03-20 (open-market sale, code S).
- Price: weighted average $19.38; individual trades ranged $19.37 to $19.40 (see footnote F1).
- Shares sold: 22,154; total proceeds ≈ $429,435.
- Shares owned after transaction: the filing references 41,000 shares in a ROTH IRA and 37,256.085 shares in a traditional IRA as included in holdings (footnote F2); the filing excerpt provided does not state a single consolidated post-sale ownership total.
- Filing: Form 4 filed on 2026-03-23 — timely (filed within the required reporting window).
- Footnotes: F1 explains the reported price is a weighted average across multiple trades and offers to provide a breakdown on request. F2 notes specific IRA holdings included in the reported total.
Context
- This was a sale (disposition) reported by an officer/director — such transactions can be routine (liquidity or portfolio management) and do not by themselves indicate company outlook. Purchases usually carry more signal for bullish insider sentiment; no purchase or option exercise was reported here.