Ryan C. Kitchell - 11 Feb 2025 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
Director
Signature
/s/ Andrea L. Stangl, Attorney-in-Fact for Ryan C. Kitchell
Issuer symbol
ONB
Transactions as of
11 Feb 2025
Transactions value $
-$299,997
Form type
4
Filing time
13 Feb 2025, 19:15:48 UTC
Previous filing
18 Nov 2024
Next filing
17 Nov 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ONB Phantom Stock - ONB Directors Deferred Compensation Plan Sale -$300K -12.5K -36.77% $24.04 21.5K 11 Feb 2025 Common Stock 12.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of phantom stock acquired pursuant to the Old National Bancorp Directors Deferred Compensation Plan (the "Plan") for nonemployee directors as a result of the deferral of the equity portion of the Reporting Person's director compensation. The shares of phantom stock represent shares of Old National Bancorp common stock on a 1-for-1 basis.
F2 Between September 16, 2023 and December 16, 2024 the Reporting Person acquired 1,757 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature of the Plan. 352 of those shares were previously reported on a Form 4 filed on November 18, 2024.

Remarks:

Shares were sold for estate planning and securities portfolio diversification purposes.