SCHEDULE: 1st Source Corp: Carmichael Discloses 4.9% Stake

Oliver Cromwell Carmichael III has filed a Schedule 13G, reporting beneficial ownership of 1,228,240 shares, representing 4.9% of 1st Source Corporation's common stock.

Summary

• Oliver Cromwell Carmichael III has filed an amended Schedule 13G, indicating beneficial ownership of 1,228,240 shares of 1st Source Corporation's common stock.
• This holding represents 4.9% of the total outstanding shares, based on 25,207,759 shares reported as of February 12, 2026.
• Carmichael III holds sole voting and dispositive power over 1,208,724 shares, which are held in various trusts for his children where he serves as trustee.
• An additional 19,516 shares are held by his spouse, as to which Carmichael III may be deemed to have shared voting and dispositive power.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership without any indication of strategic intent or financial performance.

Positives

• Disclosure of a significant stake (4.9%) by Oliver Cromwell Carmichael III in 1st Source Corporation.
• Clear breakdown of voting and dispositive power, with a majority of shares held in trusts for children.

Future Outlook

No forward-looking statements or guidance are present in this filing.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard disclosures for investors who acquire a significant stake (typically 5% or more) in a publicly traded company, indicating a passive investment approach rather than an attempt to control the company.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant beneficial owner, which can be relevant for understanding the shareholder base.

Key Dates

Keywords

1st Source Corporation, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Oliver Cromwell Carmichael III, Investment Holding