Chady M. AlAhmar, ONB wealth management CEO, sells $310k in stock By Investing.com

Chady M. AlAhmar, CEO, Wealth Management at Old National Bancorp (), sold 11,771 shares of the company’s common stock on July 30, 2026. The shares were sold at a price of $26.4076 per share, totaling approximately $310,843.

Following this transaction, Mr. AlAhmar directly holds 63,531 shares of Old National Bancorp common stock. The sale was reported to be for estate planning and securities portfolio diversification purposes.The transaction occurred as ONB stock trades near its 52-week high of $27.32, with shares up nearly 21% year-to-date. According to InvestingPro analysis, the stock appears undervalued at current levels, with the company maintaining an attractive P/E ratio of 11.82 and a PEG ratio of 0.34. An InvestingPro tip highlights that Old National has maintained dividend payments for 44 consecutive years, currently yielding 2.18%. For investors seeking deeper insights, ONB is among the 1,400+ US equities covered by comprehensive Pro Research Reports, which transform complex Wall Street data into clear, actionable intelligence.

In other recent news, Old National Bancorp reported better-than-expected financial results for the second quarter of 2026. The company announced adjusted earnings per share of $0.65, surpassing the analyst estimate of $0.63. Additionally, Old National’s revenue increased to $740.06 million, exceeding the forecasted $716.25 million. The bank highlighted a record adjusted profit and an impressive efficiency ratio, along with continued loan growth during the quarter. Despite these positive results, the company’s stock showed a slight decline in recent trading. These developments reflect the company’s ongoing financial strength and operational efficiency. Investors may find these results encouraging as they analyze the company’s performance.

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