other
confidence high
sentiment neutral
materiality 0.25
Old Second Bancorp shareholders approve doubling authorized shares to 120M; all proposals pass
OLD SECOND BANCORP INC
- Elected four Class III directors (Bonifas, Collins, Kotche, York) to terms expiring 2028.
- Approved amendment increasing authorized common stock from 60M to 120M shares.
- Approved amendment to 2019 Equity Incentive Plan to add 800,000 shares (total 2.6M).
- Say-on-pay vote passed with ~31.4M for vs. ~2.0M against; annual frequency approved.
- Ratified Plante & Moran, PLLC as independent auditor for FY 2025 with ~36.9M votes for.
item 5.07