SRCE.NASDAQ1st Source CORP

Form 4: 1ST SOURCE CORP Director Increases Stake with Common Stock Acquisition

Sentiment:

Insider Transaction Report


Daniel B. Fitzpatrick, a Director at 1ST SOURCE CORP, acquired 250 shares of common stock at $60.83 per share, bringing his total beneficial ownership to 49,079 shares.

Summary

  • Daniel B. Fitzpatrick, a Director of 1ST SOURCE CORP (SRCE), acquired 250 shares of common stock.
  • The transaction occurred on June 2, 2025, with shares purchased at a price of $60.83 per share.
  • Following this acquisition, Mr. Fitzpatrick's total beneficial ownership of 1ST SOURCE CORP common stock stands at 49,079 shares.
  • The reported beneficial ownership includes 37 shares that were inadvertently omitted from a previous filing.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's purchase of company stock typically indicates confidence in the company's performance and future outlook. However, the relatively small size of the transaction (250 shares) limits the overall positive impact on sentiment.

Positives

  • A director's acquisition of company stock can signal confidence in the company's future prospects and valuation.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders may view the director's purchase as a positive signal of management's belief in the company's value, potentially fostering increased investor confidence.

Key Dates

DateDescription
06/02/2025Date of common stock acquisition by Daniel B. Fitzpatrick.
06/04/2025Date the Form 4 filing was signed and submitted.

Keywords

1ST SOURCE CORP, SRCE, Form 4, Insider Trading, Stock Acquisition, Director, Beneficial Ownership, Common Stock, Financial Services

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