ALAHMAR CHADY M. 4
4 · OLD NATIONAL BANCORP /IN/ · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Old National Bancorp (ONB) CEO Chady Alahmar Receives Performance Award
What Happened
Chady M. Alahmar, CEO — Wealth Management at Old National Bancorp (ONB), was granted 18,133 shares as an earned performance share award on March 15, 2026 (reported on Form 4 filed March 17, 2026). Concurrently, 9,709 of those shares were surrendered to satisfy tax withholding at an indicated price of $21.51 per share, totaling $208,841. The award portion shows an acquisition price of $0.00 because it was granted (not purchased).
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely filing).
- Grant: 18,133 shares (code A — award/grant) at $0.00 acquisition price.
- Tax withholding: 9,709 shares surrendered (code F) at $21.51 each, totaling $208,841.
- Footnotes: F1 — earned performance share award; F2 — shares surrendered to satisfy tax withholding; F3 — the award includes 1,877 shares issued for accrued dividends.
- Shares owned after transaction: Not disclosed in this filing.
Context
This was a compensation-related grant (performance shares), not an open-market buy or sale. Surrendering shares to cover taxes is a routine net-settlement withholding and is common when restricted or performance shares vest; it does not necessarily indicate the insider is selling other shares or changing their view on the company.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-15+18,133→ 82,975 total - Tax Payment
Common Stock
[F2][F3]2026-03-15$21.51/sh−9,709$208,841→ 75,143 total
Footnotes (3)
- [F1]Earned performance share award.
- [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 performance share award.
- [F3]Includes 1,877 shares of the Issuer's common stock issued for the accrued dividends on the performance share award.