Insider Selling: Old Second Bancorp (NASDAQ:OSBC) CEO Sells $494,605.93 in Stock

August 14, 2026 by InsiderTrades.com

Key Points

CEO James Eccher sold 19,313 Old Second Bancorp shares for approximately $494,606 at an average price of $25.61 under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 5.98%. He also sold 55,687 shares the previous day for about $1.42 million.
Old Second Bancorp recently matched quarterly earnings expectations at $0.55 EPS and pays a $0.07 quarterly dividend, equivalent to a 1.1% yield.
Analyst sentiment remains positive, with the stock carrying a consensus “Buy” rating and a $25.40 target price; shares opened at $25.81, near their 52-week high of $26.04.

Old Second Bancorp, Inc. (NASDAQ:OSBC - Get Free Report) CEO James Eccher sold 19,313 shares of Old Second Bancorp stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $25.61, for a total value of $494,605.93. Following the completion of the transaction, the chief executive officer directly owned 303,399 shares of the company's stock, valued at approximately $7,770,048.39. This represents a 5.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

James Eccher also recently made the following trade(s):

On Tuesday, August 11th, James Eccher sold 55,687 shares of Old Second Bancorp stock. The shares were sold at an average price of $25.46, for a total transaction of $1,417,791.02.

Old Second Bancorp Stock Performance

Shares of OSBC stock opened at $25.81 on Friday. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 14.83 and a beta of 0.70. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 0.90. Old Second Bancorp, Inc. has a one year low of $16.65 and a one year high of $26.04. The company's 50-day moving average is $23.57 and its 200 day moving average is $21.59.

Old Second Bancorp (NASDAQ:OSBC - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.55. Old Second Bancorp had a net margin of 20.22% and a return on equity of 12.85%. Sell-side analysts expect that Old Second Bancorp, Inc. will post 2.2 EPS for the current fiscal year.

Old Second Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Friday, July 31st were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $0.28 annualized dividend and a dividend yield of 1.1%. Old Second Bancorp's dividend payout ratio (DPR) is 16.09%.

Analyst Ratings Changes

Several equities analysts recently issued reports on OSBC shares. DA Davidson upped their price objective on Old Second Bancorp from $24.00 to $25.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Piper Sandler reissued an "overweight" rating and issued a $30.00 target price (up from $26.00) on shares of Old Second Bancorp in a report on Monday, July 27th. Zacks Research upgraded Old Second Bancorp from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 30th. Weiss Ratings restated a "buy (b)" rating on shares of Old Second Bancorp in a research note on Friday, May 29th. Finally, Raymond James Financial began coverage on Old Second Bancorp in a report on Tuesday, July 7th. They set an "outperform" rating and a $26.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Old Second Bancorp currently has an average rating of "Buy" and a consensus target price of $25.40.

Read Our Latest Analysis on OSBC

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Old Second Bancorp by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,864 shares of the financial services provider's stock valued at $430,000 after purchasing an additional 1,067 shares during the period. Goldman Sachs Group Inc. grew its position in Old Second Bancorp by 74.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,478,332 shares of the financial services provider's stock worth $24,599,000 after purchasing an additional 630,265 shares during the period. Empowered Funds LLC raised its stake in Old Second Bancorp by 38.7% during the 1st quarter. Empowered Funds LLC now owns 167,907 shares of the financial services provider's stock valued at $2,794,000 after buying an additional 46,890 shares during the last quarter. Jane Street Group LLC purchased a new stake in Old Second Bancorp during the 1st quarter valued at $1,378,000. Finally, Strs Ohio bought a new position in shares of Old Second Bancorp during the 1st quarter valued at $88,000. 67.76% of the stock is owned by hedge funds and other institutional investors.

Old Second Bancorp Company Profile

(Get Free Report)

Old Second Bancorp, Inc is a bank holding company based in Aurora, Illinois, serving businesses and consumers through its primary subsidiary, Old Second National Bank. The company provides a broad range of commercial and retail banking services across the suburban Chicago marketplace, supported by a branch network and online platforms designed to meet the financial needs of local communities.

In its commercial banking division, Old Second offers lending solutions that include lines of credit, term loans, equipment financing and commercial real estate financing.