Form 4: 1st Source Corp Director Affleck-Graves Acquires 85 Shares

Director John F. Affleck-Graves purchased 85 shares of 1st Source Corp (SRCE) at $64.41 per share on August 1, 2024, increasing his total holdings to 17,300 shares.

Summary

• On August 1, 2024, John F. Affleck-Graves, a director of 1st Source Corp (SRCE), acquired 85 shares of common stock.
• The purchase price was $64.41 per share.
• Following the transaction, Affleck-Graves directly owns 17,300 shares of 1st Source Corp.
• The transaction was reported on August 5, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. While insider buying can be seen as a positive signal, the small number of shares purchased does not suggest a major shift in sentiment.

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

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, such as directors, who trade in their company's stock. It provides transparency to the market regarding the trading activities of those with privileged information.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as insider buying can signal confidence in the company.

Key Dates