Otto Bremer Trust, a 10% owner of Old National Bancorp (ONB), divested 1,926,782 shares of the company's stock on February 26, 2026. The transactions, executed at an average price of $25.95 per share, amounted to a total value of approximately $49,999,992.
This significant sale by a major shareholder comes amid ongoing market activity. Insider selling can be motivated by a range of factors, including portfolio diversification, tax planning, or adherence to pre-established trading strategies, and does not inherently indicate a change in the insider's view of the company's prospects.