Old Second Bancorp Files 2024 Executive Compensation Details
Ticker: OSBC · Form: DEF 14A · Filed: Apr 18, 2025 · CIK: 357173
| Field | Detail |
|---|---|
| Company | Old Second Bancorp Inc (OSBC) |
| Form Type | DEF 14A |
| Filed Date | Apr 18, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, rsus
Related Tickers: OSBC
TL;DR
OSBC dropped its 2024 exec pay details - RSUs and fair value adjustments are in the proxy.
AI Summary
Old Second Bancorp, Inc. filed a DEF 14A on April 18, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, including restricted stock unit awards for both PEO and Non-PEO members, and adjustments to the fair value of outstanding and unvested awards granted in prior years. Specific dollar amounts for these awards and adjustments are detailed within the compensation tables.
Why It Matters
This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded, impacting corporate governance and investor confidence.
Risk Assessment
Risk Level: low — This is a routine annual filing detailing executive compensation and does not inherently present new risks.
Key Numbers
- 2024 — Fiscal Year (The period for which executive compensation is detailed.)
- 2023 — Prior Fiscal Year (Comparative data for executive compensation.)
- 2022 — Prior Fiscal Year (Comparative data for executive compensation.)
Key Players & Entities
- Old Second Bancorp, Inc. (company) — Filer of the DEF 14A
- 37 S River St, Aurora, IL 60507 (location) — Business and mailing address
- 20250418 (date) — Filing date of the DEF 14A
- 20250520 (date) — Conformed period of report
- 1231 (date) — Fiscal year end
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
When was this DEF 14A filing submitted by Old Second Bancorp, Inc.?
This DEF 14A filing was submitted on April 18, 2025.
What fiscal year does this filing primarily cover?
This filing primarily covers the fiscal year ending December 31, 2024, with comparative data from prior years.
What specific types of executive compensation are detailed in the filing?
The filing details Restricted Stock Unit Awards (RSUs) and adjustments to the fair value of outstanding and unvested awards granted in prior years for both PEO (Principal Executive Officer) and Non-PEO members.
Where is Old Second Bancorp, Inc. headquartered?
Old Second Bancorp, Inc. is headquartered at 37 S River St, Aurora, IL 60507.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 18, 2025 regarding OLD SECOND BANCORP INC (OSBC).