The selling is routine in scale and does not signal material negative information. Monitor for any upcoming earnings release or material event that could have prompted the sales, but no immediate action is warranted.
Price Chart
Executive Summary
Two senior executives at Old Second Bancorp sold a combined $731K in open-market sales over a 4-day window, representing ~0.07% of the $1.1B market cap. While the dollar amount is trivial relative to company size, the cluster involves the Vice Chairman and an EVP selling near the stock's recent price, with no disclosed catalyst.
Key Financial Metrics
Key Facts
- Vice Chairman Gary S. Collins sold 10,000 shares at $21.24 on May 8, 2026, for $212,400.
- EVP Donald Pilmer sold 25,000 shares at $20.75 on May 11, 2026, for $518,795.
- Total insider selling in the cluster is $731,195, approximately 0.07% of OSBC's $1.1B market cap.
- No open-market purchases were made by any insider in the cluster.
- The cluster includes two C-suite executives (Vice Chairman and EVP).
Financial Impact
Total insider sales of $731K represent 0.07% of market cap — immaterial relative to company size.
Risk Factors
- Insider selling could accelerate if the stock price weakens or if negative news emerges.
- The cluster involves two senior executives, which may raise questions if selling patterns persist.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-OSBC-1778529386956 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $24.71 | awaiting T+5 | — | $24.77 (+0.24%) |
Oct 20, 2026 6d ago | 8-K | $25.10 | awaiting T+5 | — | $24.77 (−1.31%) |
Oct 19, 2026 7d ago | 8-K | $25.10 | awaiting T+5 | — | $24.77 (−1.31%) |
Oct 8, 2026 18d ago | SC 13G | $24.86 $24.85 | ▼ −0.04% | ▲ +0.24% | $24.77 (−0.36%) |
Oct 1, 2026 25d ago | 8-K | $24.63 $24.86 | ▲ +0.93% | ▼ −0.37% | $24.77 (+0.57%) |
Sep 11, 2026 6w ago | Insider Cluster | $25.58 $24.99 | ▲ +2.31% | ▲ +2.09% | $24.77 (+3.17%) |
Sep 8, 2026 6w ago | Insider Cluster | $25.26 $24.98 | ▼ −1.11% | ▼ −0.01% | $24.77 (−1.94%) |
Aug 18, 2026 9w ago | S-3ASR | $25.66 $25.19 | ▼ −1.83% | ▼ −1.63% | $24.77 (−3.47%) |
Jul 21, 2026 13w ago | 8-K | $23.68 $24.72 | ▲ +4.39% | ▲ +5.62% | $24.77 (+4.60%) |
Jul 8, 2026 15w ago | 8-K | $22.71 $23.01 | ▲ +1.32% | ▲ +0.46% | $24.77 (+9.07%) |
US Market Status
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