Old National Bancorp sells 21.9 million shares, with forward sale agreements in place
Old National Bancorp disclosed that on November 25, 2024, the underwriters exercised in full a 30-day option to buy an additional 2,857,143 shares of common stock, and the company entered into an additional forward sale agreement covering those shares with Citibank, N.A. The filing ties this to an offering of 19,047,619 shares plus the option shares, which adds to about 21.9 million shares and may increase the number of shares outstanding for existing shareholders.
Key points
- Underwriters exercised in full their option for 2,857,143 additional shares of common stock on November 25, 2024.
- Forward sale agreement covers 19,047,619 shares under the original agreement and 2,857,143 shares under the additional agreement.
- Forward Purchaser is Citibank, N.A.; Citigroup Global Markets Inc. acted as underwriter representative and forward seller.
The filing
Written by AI on Nov 8, 2026, 7:02 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 26, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.