Form 4: 1st Source Corp Director Affleck-Graves Acquires Additional Shares
SEC Form 4 Filing
Director John F. Affleck-Graves purchased 215 shares of 1st Source Corp (SRCE) at $62.75 per share on February 3, 2025.
Summary
- On February 3, 2025, John F. Affleck-Graves, a director of 1st Source Corp (SRCE), acquired 215 shares of common stock at a price of $62.75 per share.
- Following this transaction, Affleck-Graves directly owns 17,736 shares of 1st Source Corp.
- The transaction was reported on February 5, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the small number of shares purchased 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
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This allows the market to gauge sentiment and potential future actions based on the behavior of those with intimate knowledge of the company.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of transaction: John F. Affleck-Graves acquired 215 shares of 1st Source Corp common stock. |
| 02/05/2025 | Date of report filing. |
Keywords
SRCE, 1st Source Corp, Affleck-Graves, Director, Stock Acquisition, Form 4, Beneficial Ownership
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