The insider sales are economically trivial relative to market cap and follow strong Q2 results, making them likely routine portfolio diversification. Monitor for any acceleration in insider selling volume or C-suite departures, but no immediate trading action is warranted based on this cluster alone.
Price Chart
Executive Summary
Old National Bancorp insiders sold $844K in stock over a 7-day window, including the Chief Legal Officer ($533K) and the CEO of Wealth Management ($311K). These sales follow a strong Q2 earnings beat and record efficiency ratio, suggesting diversification or routine portfolio rebalancing rather than a bearish signal. The total sales represent ~0.008% of the $10.3B market cap, well below the 0.1% materiality threshold, making this cluster trivial in economic terms.
Key Financial Metrics
Key Facts
- Two insiders sold a total of $844K in ONB stock over 7 days
- Chief Legal Officer Nicholas J. Chulos sold $533K (20K shares at $26.66)
- CEO of Wealth Management Chady M. Alahmar sold $311K (11.8K shares at $26.41)
- President & COO Timothy M. Burke Jr. had a non-cash tax withholding of $62K (2,335 shares)
- Total sales represent ~0.008% of ONB's $10.3B market cap
- Insider sales follow Q2 2026 earnings beat (EPS $0.65 vs $0.63 consensus) and record adjusted efficiency ratio of 45.2%
Financial Impact
$844K total insider sales, representing ~0.008% of market cap
Risk Factors
- Insider sales could accelerate if Q3 results disappoint
- Broader regional banking sector headwinds could pressure ONB shares
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ONB-1785902417540 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | 8-K | $26.67 $25.98 | ▼ −2.59% | ▼ −3.19% | $24.96 (−6.41%) |
Jul 31, 2026 9w ago | Insider Cluster | $26.64 $25.85 | ▼ −2.97% | ▼ −5.95% | $24.96 (−6.31%) |
Jul 31, 2026 9w ago | Insider Cluster | $26.64 $25.85 | ▼ −2.97% | ▼ −5.95% | $24.96 (−6.31%) |
Jul 22, 2026 10w ago | 8-K | $26.39 $25.91 | ▼ −1.82% | ▼ −4.72% | $24.96 (−5.42%) |
Jul 7, 2026 12w ago | Press Release | $26.43 $26.85 | ▼ −1.59% | ▼ −0.26% | $24.96 (+5.56%) |
May 28, 2026 18w ago | Press Release | $24.00 $25.88 | ▲ +7.83% | ▲ +10.98% | $24.96 (+4.00%) |
May 13, 2026 20w ago | Press Release | $23.45 $25.14 | ▲ +7.22% | ▲ +8.08% | $24.96 (+6.45%) |
May 13, 2026 20w ago | Press Release | $23.45 $25.14 | ▲ +7.22% | ▲ +8.08% | $24.96 (+6.45%) |
Apr 22, 2026 23w ago | Press Release | $24.02 $23.15 | ▼ −3.62% | ▼ −6.79% | $24.96 (+3.91%) |
US Market Status
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