Form 4: 1st Source Corp Director Daniel B. Fitzpatrick Acquires 1,000 Shares
SEC Form 4
Director Daniel B. Fitzpatrick of 1st Source Corp purchased 1,000 shares of common stock at $49.65 per share on May 29, 2024.
Summary
- On May 29, 2024, Daniel B. Fitzpatrick, a director of 1st Source Corp, acquired 1,000 shares of the company's common stock.
- The purchase price was $49.65 per share.
- Following the transaction, Fitzpatrick directly owns 48,542 shares of 1st Source Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is relatively small and may not have a significant impact.
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 expectations. A director's purchase is generally viewed more positively than a sale.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of the transaction: Daniel B. Fitzpatrick purchased 1,000 shares of 1st Source Corp common stock. |
| 05/31/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.