Old Second Bancorp (OSBC) Vice Chairman Gary Collins Sells Shares

What Happened
Gary S. Collins, Vice Chairman and a director of Old Second Bancorp (OSBC), reported an open-market sale of 16,000 shares on 2026-09-23. The shares were sold at a weighted average price of $24.69, for aggregate proceeds of approximately $395,080. This was a sale (disposition) rather than a purchase or award.

Key Details

• Transaction date: 2026-09-23 (reported on the same date).
• Transaction type/code: Open-market sale (S).
• Shares sold: 16,000 at a weighted average price of $24.69; total proceeds ≈ $395,080.
• Price range: sales occurred at prices between $24.575 and $24.75 (weighted average reported); the filer will provide per-price breakdown on request (Footnote F1).
• Shares owned after the transaction: not explicitly stated in the summary provided; filing notes holdings include 30,880 shares in a ROTH IRA and 22,256.085 shares in a traditional IRA (Footnote F2).
• Filing timeliness: Reported on 2026-09-23 (no late filing indicated).

Context
Insider sales are common and can reflect many reasons (tax planning, diversification, or personal liquidity) and do not by themselves indicate management view of the company’s prospects. Purchases generally receive more attention from investors as a potential bullish signal; this filing documents a routine open-market sale. The footnotes clarify the price range and that part of the insider’s holdings are held in IRA accounts.