Gartelmann Richard A JR 4
Research Summary
AI-generated summary
Old Second Bancorp (OSBC) EVP Richard A. Gartelmann Receives 43 Shares
What Happened
- Richard A. Gartelmann, Executive Vice President of Old Second Bancorp (OSBC), was allocated 43 shares on 2026-03-31. The transaction is reported as an "Other acquisition or disposition (J)" at $0.00 per share (total reported value $0), reflecting an allocation under the company's Employee Salary and Savings Plan.
Key Details
- Transaction date and price: 2026-03-31; 43 shares at $0.00 per share (code J).
- Filing date: Form 4 filed 2026-04-02.
- Shares owned after transaction: not specified in this filing.
- Footnote: The 43 shares were allocated during Q1 pursuant to the Old Second Bancorp, Inc. Employee Salary and Savings Plan; information provided by the Plan Trustee as of 3-31-26.
- No indication this was an open-market purchase, sale, option exercise, or gift — it was a plan allocation.
Context
- Allocations through salary/savings plans are routine employee equity plan activity and do not necessarily reflect a change in the insider’s personal trading intent. This was not a cash purchase or option exercise reported in the filing.