Kotche Keith has made an important amendment to his previous filing concerning his ownership of Old Second Bancorp, Inc. This update, filed on October 20, 2026, clarifies the settlement of restricted stock units into common stock, ensuring accurate representation of his holdings.
The amendment is significant as it corrects an earlier filing that misreported the transaction. Accurate reporting is essential in the banking sector, where transparency and compliance are critical for maintaining trust with stakeholders.
Background
Kotche Keith is associated with Old Second Bancorp, Inc., a company that operates in the state commercial banks sector. The company is listed under the CIK number 0000357173. Recent filings include a Form 4/A on October 20, 2026, and a Form 4 on February 24, 2026.
What the Filing Says
The amended filing states that on February 21, 2026, Kotche Keith settled 3,077 restricted stock units into an equal number of shares of Old Second Bancorp, Inc. common stock. This amendment corrects the original Form 4, which inaccurately reported the transaction.
Impact
This amendment may affect shareholders and stakeholders of Old Second Bancorp, Inc. by providing a clearer picture of Kotche Keith's ownership status. As a director, his holdings are closely watched by investors and regulatory bodies.
What's Next
The filing does not say what happens next.