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AI brief of an SEC Form 8-K · OLD SECOND BANCORP INC (OSBC)

Old Second Vice Chairman Gary Collins to retire effective October 31, 2026

Neutral Impact 3 of 5 leadership Written later

Old Second Bancorp said Vice Chairman Gary Collins will retire on October 31, 2026, and resign from the boards of the company and Old Second National Bank on the same date. The filing says the retirement was not due to any disagreement with the company or bank on operations, policies or practices.

Key points

  • Gary Collins notified the company of his retirement on October 14, 2026, effective October 31, 2026
  • He will resign from the boards of Old Second Bancorp and Old Second National Bank at termination of employment
  • Separation payments include lump sum cash of approximately $211,150, subject to a release of claims
  • Unvested time-based RSUs fully vest; performance-based RSUs vest pro-rata at target

The filing

CompanyOLD SECOND BANCORP INC (OSBC)
Form8-K, current report
Filed with the SECOct 19, 2026, 4:15 PM ET
Accession number0000357173-26-000052

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 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 October 19, 2026.

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.