Form 4: 1st Source Corp Director Acquires 250 Shares
SEC Form 4 Filing
Director Daniel B Fitzpatrick acquired 250 shares of 1st Source Corp (SRCE) at $50.48 per share on June 3, 2024.
Summary
- On June 3, 2024, Daniel B Fitzpatrick, a director of 1st Source Corp (SRCE), acquired 250 shares of common stock.
- The purchase price was $50.48 per share.
- Following the transaction, Fitzpatrick directly owns 48,792 shares of 1st Source Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the small number of shares acquired doesn't indicate a strong conviction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's performance and future prospects. Director purchases are generally viewed more favorably than sales.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Director Daniel B Fitzpatrick acquired 250 shares of 1st Source Corp common stock. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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