COLLINS GARY S 4
4 · OLD SECOND BANCORP INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Old Second Bancorp (OSBC) Vice Chair Gary Collins Sells 15,000 Shares
What Happened Gary S. Collins, Vice Chairman and director of Old Second Bancorp (OSBC), sold a total of 15,000 shares in open-market transactions on May 8, 2026. The sales were for 10,000 shares at $21.24 each (≈ $212,400) and 5,000 shares at $21.23 each (≈ $106,125), totaling approximately $318,525. These were outright sales (code S) rather than purchases or option exercises.
Key Details
- Transaction dates and prices: 2026-05-08 — 10,000 shares @ $21.24; 2026-05-08 — 5,000 shares @ $21.23.
- Total proceeds: ≈ $318,525.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes indicated in the supplied data.
- Filing timeliness: Report filed 2026-05-11 — appears timely (filed within the SEC’s two-business-day window).
Context Sales by executives and directors are common and can be routine (for diversification, liquidity, tax reasons, etc.); they do not necessarily indicate a change in view on the company. Purchases tend to be more directly interpreted as a bullish signal. This summary is factual to the reported transactions and does not speculate on Collins’s motivations.
Insider Transaction Report
- Sale
Old Second Bancorp, Inc. Common Stock
2026-05-08$21.24/sh−10,000$212,400→ 30,136 total - Sale
Old Second Bancorp, Inc. Common Stock
2026-05-08$21.23/sh−5,000$106,125→ 73,256.085 total(indirect: By IRA)
- 7,058(indirect: By 401-K)
Old Second Bancorp, Inc. Common Stock
- 37,312
Restricted Stock Units