Gartelmann Richard A JR 4

What Happened

• Richard A. Gartelmann Jr., Executive Vice President of Old Second Bancorp (OSBC), was allocated 42 shares on June 30, 2026. The reported transaction shows an acquisition at $0.00 per share (total reported value $0), meaning the shares were allocated rather than bought with cash.
• The filing notes these 42 shares were allocated during Q2 under the Old Second Bancorp, Inc. Employee Salary and Savings Plan; the information was provided by the Plan Trustee as of 6-30-26.

Key Details

• Transaction date: 2026-06-30; Price: $0.00 per share (code J — other acquisition)
• Shares acquired: 42; Reported total value: $0
• Ownership after transaction: Not specified in the filing
• Footnote: Allocation pursuant to the company’s Employee Salary and Savings Plan (info from Plan Trustee)
• Timeliness: Filing dated 2026-07-02; no late filing flag indicated

Context

• Allocations from employee salary/savings plans are routine compensation or savings-related transactions and do not necessarily signal the insider’s personal buying or selling intent.
• Because the shares were allocated (no cash paid), this is different from an open-market purchase and typically reflects payroll or deferred compensation plan activity rather than a market-directed investment decision.