Old Second Bancorp (OSBC) CEO James Eccher Sells 19,313 Shares

What Happened
James Eccher, Chairman and CEO of Old Second Bancorp (OSBC), sold 19,313 shares on August 12, 2026. The weighted-average sale price was $25.61 per share (prices ranged $25.48–$25.79), generating roughly $494,701 in proceeds. The sales were effected pursuant to a Rule 10b5‑1 trading plan adopted May 1, 2026 — a prearranged plan that schedules trades and is commonly used to avoid trading while in possession of material nonpublic information.

Key Details

• Transaction date: 2026-08-12 (reported on Form 4 filed 2026-08-13). Filing appears timely (one day after the trade).
• Trade type/code: Sale (S), open-market/private sale executed under a 10b5‑1 plan.
• Price: Weighted average $25.61; range $25.48 to $25.79.
• Proceeds: Approximately $494,701.
• Holdings after sale: The filing notes that the reported post-transaction total includes 303,251 shares held at a brokerage in Eccher’s name and 148 shares held jointly with his spouse. (These holdings are included in the total reported on the Form 4.)
• Footnotes: F1 = trade under 10b5‑1 plan (adopted May 1, 2026); F2 = price is weighted average with noted range; F3 = break-out of shares included in the reported total.

Context
Sales under a 10b5‑1 plan are typically pre-scheduled and are often viewed as routine rather than a direct signal of the insider’s short-term view of the stock. As with all insider activity, this is factual information about insider disposition of shares and should be considered alongside other company and market information.