secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0000357173-25-000079
Event type: leadership
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Bancorp director John Ladowicz resigns at age 73 under mandatory retirement policy
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- John Ladowicz resigned from Board effective Sept 14, 2025, upon turning 73 per company's Director Resignation Policy.
- Resignation not due to any disagreement with Old Second Bancorp.
- Ladowicz served on Audit, Compensation, Nominating, Loan, and Risk committees since 2008.
- Board will not immediately fill vacancy; board size reduced by one member.
- Board realigned director classes in Feb 2025 anticipating Ladowicz's retirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717325000079/0000357173-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717325000079/tmb-20250914x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-25-000079

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