OSBC OLD SECOND BANCORP INC
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Executive Summary
Board member Dennis Klaeser resigned from the board of Old Second Bancorp and its subsidiary bank effective June 5, 2026. The resignation is not due to any disagreement with the company, and the board will reduce its size by one member rather than immediately filling the vacancy.
Actionable Insight
This is a routine board resignation with no disagreement or controversy. No trading action warranted. Monitor for any future board composition changes or governance shifts, but this event is immaterial.
Key Facts
- Dennis Klaeser resigned from the Board of Directors of Old Second Bancorp and its subsidiary bank on June 5, 2026.
- Resignation is not the result of any disagreement with Old Second.
- Klaeser served on the Executive, Audit, Compensation, Risk, and Capital Committees.
- Old Second will not immediately fill the vacancy and will reduce the board size by one member.
- Klaeser was a Class II director with a term expiring at the 2027 annual meeting.
Financial Impact
No financial impact disclosed or expected from a single board member resignation.
Risk Factors
- Loss of committee expertise from Klaeser's departure from five committees.
- Reduced board size could concentrate decision-making, though this is minor.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000357173-26-000028 |
| Document: 0000357173-26-000028-index-headers.html | 0000357173-26-000028 |
| Document: 0000357173-26-000028-index.html | 0000357173-26-000028 |
| Document: 0000357173-26-000028.txt | 0000357173-26-000028 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
8-K
| $22.07 awaiting T+5 | awaiting T+5 | — | $22.50 (+1.95%) |
|
May 19, 2026
26d ago
|
8-K
| $20.79 $21.30 | ▲ +2.45% | ▲ +0.21% | $22.50 (+8.23%) |
|
May 8, 2026
5w ago
|
Insider Cluster
| $21.28 $20.71 | ▼ −2.68% | ▼ −4.14% | $22.50 (+5.73%) |
|
May 8, 2026
5w ago
|
Insider Cluster
| $21.28 $20.71 | ▼ −2.68% | ▼ −4.14% | $22.50 (+5.73%) |
|
Apr 22, 2026
7w ago
|
8-K
| $19.78 $20.51 | ▼ −3.68% | ▼ −2.20% | $22.50 (−13.74%) |
|
Apr 21, 2026
7w ago
|
8-K
| $21.30 $20.91 | ▼ −1.82% | ▼ −2.90% | $22.50 (+5.65%) |
|
Apr 6, 2026
9w ago
|
DEFA14A
| $20.69 $21.53 | ▲ +4.06% | ▼ −0.07% | $22.50 (+8.75%) |
|
Mar 4, 2026
14w ago
|
8-K
| $19.98 $19.48 | ▼ −2.51% | ▼ −1.18% | $22.50 (+12.60%) |
US Market Status
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