Form 4: 1st Source Corp Director Christopher J. Murphy IV Acquires Additional Shares
SEC Form 4 Filing
Director Christopher J. Murphy IV of 1st Source Corp recently acquired 250 shares of common stock at a price of $50.48 per share.
Summary
- On June 3, 2024, Christopher J. Murphy IV, a director of 1st Source Corp, acquired 250 shares of common stock.
- The shares were purchased at a price of $50.48 per share.
- Following the transaction, Murphy directly owns 106,793 shares and indirectly owns 14,870 shares by trust, 13,079 shares by 2nd child, 13,582 shares by child and 13,079 shares by spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a company director.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Christopher J. Murphy IV acquired 250 shares of 1st Source Corp common stock. |
| 06/05/2024 | Date of signature: Form 4 signed by John B. Griffith, Attorney-in-Fact. |
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