Old National Bancorp Files 8-K on Officer/Director Changes
Ticker: ONBPP · Form: 8-K · Filed: May 21, 2024 · CIK: 707179
| Field | Detail |
|---|---|
| Company | Old National Bancorp /In/ (ONBPP) |
| Form Type | 8-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $10,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes, voting
Related Tickers: ONB
TL;DR
ONB filed an 8-K detailing leadership changes and votes.
AI Summary
Old National Bancorp filed an 8-K on May 21, 2024, reporting events as of May 15, 2024. The filing covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. It also includes the submission of matters to a vote of security holders and financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the company's leadership and governance structure, which can impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance matters and does not indicate any significant financial distress or unexpected events.
Key Players & Entities
- OLD NATIONAL BANCORP (company) — Registrant
- May 15, 2024 (date) — Earliest event reported
- May 21, 2024 (date) — Date of report
FAQ
What specific officer or director positions were affected by the changes reported in the 8-K?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not specify individual names or positions within this excerpt.
Were there any specific matters submitted to a vote of security holders on May 15, 2024?
Yes, the filing explicitly states 'Submission of Matters to a Vote of Security Holders' as an item reported, indicating that such matters were indeed submitted.
What types of financial statements and exhibits are included with this 8-K filing?
The filing lists 'Financial Statements and Exhibits' as an item, but the specific content of these documents is not detailed in the provided header information.
What is the SIC code for Old National Bancorp?
The Standard Industrial Classification (SIC) code for Old National Bancorp is 6021, which corresponds to 'NATIONAL COMMERCIAL BANKS'.
When was Old National Bancorp incorporated, and what is its fiscal year end?
Old National Bancorp is incorporated in Indiana (IN) and its fiscal year ends on December 31.
Filing Stats: 1,296 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2024-05-21 16:07:25
Key Financial Figures
- $10,000 — a monthly cash stipend in the amount of $10,000, in addition to his annual base salary,
Filing Documents
- onb-20240515.htm (8-K) — 55KB
- 0001628280-24-024536.txt ( ) — 219KB
- onb-20240515.xsd (EX-101.SCH) — 2KB
- onb-20240515_def.xml (EX-101.DEF) — 7KB
- onb-20240515_lab.xml (EX-101.LAB) — 27KB
- onb-20240515_pre.xml (EX-101.PRE) — 18KB
- onb-20240515_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 15, 2024, the Company held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, the Company's shareholders considered three matters, each of which is described more fully in the proxy statement for the Annual Meeting, which was filed with the Securities and Exchange Commission on April 5, 2024. A total of 264,772,639 shares of the Company's common stock were represented in person or by proxy at the Annual Meeting, representing approximately 90% of the Company's total outstanding shares of common stock entitled to vote as of March 20, 2024, the record date of the Annual Meeting. The final number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, with respect to each matter submitted to a vote at the Annual Meeting are set forth below. 2 Item 1 – Election of Directors . All of the nominees for election to the Company's Board of Directors were elected upon the following votes, to serve for a one-year term expiring at the Company's 2025 annual meeting of shareholders and until their successors are elected and qualified: Director Nominee For Withheld Broker Non-Votes Barbara A. Boigegrain 233,109,050 2,228,169 29,435,420 Thomas L. Brown 233,603,201 1,734,018 29,435,420 Kathryn J. Hayley 233,413,471 1,923,748 29,435,420 Peter J. Henseler 233,097,412 2,239,807 29,435,420 Daniel S. Hermann 232,894,295 2,442,924 29,435,420 Ryan C. Kitchell 233,175,228 2,161,991 29,435,420 Austin M. Ramirez 233,390,140 1,947,079 29,435,420 Ellen A. Rudnick 233,244,623 2,092,596 29,435,420 James C. Ryan, III 227,563,867 7,773,352 29,435,420 Thomas E. Salmon 233,476,358 1,860,861 29,435,420 Rebecca S. Skillman 230,575,708 4,761,511 29,435,420 Michael J. Small 233,549,525 1,787,694 29,435,420 Derrick J. Stewart 233,660,134 1,677,085 29,435,420 Stephen C. Van Arsdell 232,477,969 2,859,250 29,435,420 Katherine E. White 233,
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10 .1 Form of Employment Agreement (incorporated herein by reference to Exhibit 10.1 of Old National's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 3, 2023). 10 .2 Form of Confidentiality and Restrictive Covenants Agreement (incorporated herein by reference to Exhibit 10.2 of Old National's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 3, 2023). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 21, 2024 OLD NATIONAL BANCORP By: /s/ Nicholas J. Chulos Nicholas J. Chulos Executive Vice President, Chief Legal Officer and Corporate Secretary 4