Form 4: 1st Source Corp Director Affleck-Graves Acquires 221 Shares
SEC Form 4
Director John F. Affleck-Graves of 1st Source Corp acquired 221 shares of common stock at a price of $60.94 per share on November 1, 2024.
Summary
- On November 1, 2024, John F. Affleck-Graves, a director of 1st Source Corp, acquired 221 shares of the company's common stock.
- The shares were purchased at a price of $60.94 per share.
- Following the transaction, Affleck-Graves directly owns 17,521 shares of 1st Source Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the quantity is relatively small and may not be highly significant.
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
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This particular filing indicates a director's purchase of company stock, which is a common occurrence.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: John F. Affleck-Graves acquired 221 shares of 1st Source Corp common stock. |
| 11/05/2024 | Date of signature: John B. Griffith, Attorney-in-Fact, signed the Form 4 on behalf of John F. Affleck-Graves. |
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