James A. Sandgren - Feb 28, 2025 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
CEO, COMMERCIAL BANKING
Signature
/s/ Sharon K. Brantley, Paralegal, as Attorney-In-Fact for James A. Sandgren
Stock symbol
ONB
Transactions as of
Feb 28, 2025
Transactions value $
-$337,235
Form type
4
Date filed
3/4/2025, 06:57 PM
Previous filing
Feb 19, 2025
Next filing
Mar 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONB Common Stock Award $0 +15.3K +5.38% $0.00 301K Mar 1, 2025 Direct F1
transaction ONB Common Stock Tax liability -$300K -12.6K -4.2% $23.75 288K Mar 1, 2025 Direct F2
transaction ONB Common Stock Tax liability -$65.3K -2.75K -0.95% $23.75 285K Mar 2, 2025 Direct F2
holding ONB Common Stock 6.97K Feb 28, 2025 ONB Employee Stock Ownership and Savings Plan - 401(k)

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 Executive Deferred Compensation Plan Award $27.3K +1.15K +4.19% $23.70 28.6K Feb 28, 2025 Common Stock 1.15K Direct F3, F4
transaction ONB Phantom Stock - ONB Executive Deferred Compensation Plan Award $1K +42 +0.15% $23.82 28.7K Mar 3, 2025 Common Stock 42 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a restricted stock award granted in 2025.
F2 Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares earned under a previously granted restricted stock award.
F3 Shares of phantom stock acquired under the Old National Bancorp Executive Deferred Compensation Plan (the "Plan") represent shares of Old National Bancorp common stock on a 1-for-1 basis and are payable in cash upon distribution to the Reporting Person in accordance with the terms of the Plan.
F4 The Reporting Person acquired 1,151 shares of Old National Bancorp common stock pursuant to a true-up match feature under the Plan. These shares are payable in cash upon distribution to the Reporting Person in accordance with the terms of the Plan.