Insiders selling Old National Bancorp's shares over the past year could be worrying. However, insider ownership indicates alignment with company interests. The stock may not be the best buy, considering other firms with high ROE and low debt.
David Knapp, President of Corporate Banking at Old National Bank, trusts Thurston's strategic insights and leadership will bolster the bank's position. Thurston is excited to contribute to the bank's growth and success.
The bank management expresses confidence in Ms. Goldfeder, citing her leadership, vision, and depth of credit expertise as valuable assets to Old National's strategic plans and culture.
The consistent selling of stocks by insiders, especially the substantial amount by the Executive Chairman, prompts some caution. The apparent lack of confidence from the insiders might raise concern about the company's future, despite it being profitable and growing.
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