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 a sale of 5,000 shares on 2026-09-04. The shares were disposed at $25.70 each, for a total transaction value of $128,525. This was a sale (S), which investors should treat as a disposition of holdings rather than a new purchase.

Key Details

• Transaction date and price: 2026-09-04 at $25.70 per share.
• Shares sold: 5,000; total proceeds: $128,525.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-09-11 — this is 7 days after the transaction and appears late relative to the Form 4 requirement to file within two business days of the transaction.
• No 10b5-1 plan, tax-withholding, or other footnotes were noted in the supplied transaction details.

Context

• The filing shows a straightforward sale (code S). Sales by insiders can be routine (e.g., diversification or tax needs) and do not necessarily indicate negative sentiment about the company.
• Because the Form 4 was filed several days after the trade, the information reached the public later than the usual two-business-day window, which can reduce its timeliness for investors monitoring insider activity.