Campbell Darin Patrick 4
Research Summary
AI-generated summary
Old Second Bancorp (OSBC) Director Darin Campbell Sells Shares
What Happened
- Darin Patrick Campbell, President of Powersports Lending and a director at Old Second Bancorp (OSBC), sold 35,000 shares in an open-market transaction on February 18, 2026. The shares were sold at $20.94 each for a total transaction value of $732,900.
- The filing corrects a prior reporting error and reflects a zero (0) share balance after the sale.
Key Details
- Transaction date and price: 2026-02-18, 35,000 shares sold at $20.94 per share.
- Total value: $732,900.
- Shares owned after transaction: reported as 0 (the Form 4 corrects a prior filing that had inadvertently re-listed 31,159 shares disposed of on Oct 31, 2025).
- Footnote: A data import error caused previously reported shares to be included again; this Form 4 corrects that mistake (see footnote F1).
- Filing timeliness: Report filed 2026-02-19 for a 2026-02-18 transaction (appears timely; no late-filing flag noted).
Context
- This was a sale, which is commonly routine (e.g., diversification or liquidity); sales by insiders are not as strong an indicator of company outlook as purchases.
- The correction to prior reporting is administrative; the updated Form 4 shows the insider holds no shares following the disclosed disposition.