Lyons Billy J Jr. 4

What Happened
Billy J. Lyons Jr., a director of OLD SECOND BANCORP (OSBC), was issued a grant of 23 shares on February 9, 2026. The reported acquisition price was $21.21 per share, for an aggregate value of approximately $487.83 (reported as $488). This transaction is recorded as an award/grant (Form 4 code A), i.e., an acquisition through company compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 23 at $21.21 each; total value ≈ $488.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes/notable items: None disclosed (no 10b5-1, tax withholding, or other special notations shown).
• Timeliness: Filing appears timely (not marked late).

Context
Director stock awards are commonly used as part of board compensation and are typically routine; they do not necessarily signal a change in the director’s view of the company. This grant is small in dollar value, so it is unlikely to be material on its own. The filing shows an award (acquisition) rather than an open-market purchase or sale; vesting or restrictions (if any) were not specified in the provided data.