secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2021-08-17T23:59:59+00:00
Accession:  0000357173-21-000063
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Bancorp appoints Dennis Klaeser to board, increasing size to 14
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- Board increased to 14 directors; Klaeser fills the newly created seat effective immediately.
- Klaeser most recently served as CFO of TCF Financial Corporation from August 2016 to April 2020.
- He also held CFO roles at Talmer Bancorp and PrivateBancorp, and was a senior Midwest bank analyst at Raymond James.
- Awarded 1,500 time-based restricted stock units that cliff vest on the third anniversary of the grant date.
- Appointed to the Audit Committee and Risk Committee; classified as an independent director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717321000063/0000357173-21-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717321000063/osbc-20210817x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-21-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer