Gartelmann Richard A JR 4
4 · OLD SECOND BANCORP INC · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Old Second Bancorp (OSBC) EVP Richard Gartelmann Sells Shares
What Happened
Richard A. Gartelmann Jr., Executive Vice President of Old Second Bancorp (OSBC), sold 2,000 shares in an open-market transaction on February 5, 2026 at $20.98 per share, totaling approximately $41,950. The Form 4 reporting the sale was filed on February 5, 2026.
Key Details
- Transaction date: 2026-02-05
- Transaction type: Sale (code S) — open-market or private sale listed as open market in the filing
- Shares sold: 2,000 at $20.98 each
- Proceeds: ~$41,950
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Filing timeliness: Reported on the same date as the transaction (filed 2026-02-05)
- No footnotes (e.g., 10b5-1 plan, tax withholding) were included in the provided excerpt
Context
Sales by company executives are common for liquidity, tax, or portfolio reasons and are generally less informative about future company prospects than purchases. This report documents a routine open-market disposal by an executive; it does not, by itself, indicate company-specific insider sentiment.
Insider Transaction Report
- Sale
Old Second Bancorp, Inc. Common Stock
2026-02-05$20.98/sh−2,000$41,950→ 24,874 total
- 12,563(indirect: By 401-K)
Old Second Bancorp, Inc. Common Stock
- 20,552
Restricted Stock Units