Form 4: 1ST SOURCE CORP Director John F. Affleck-Graves Boosts Stake with Share Acquisition

John F. Affleck-Graves, a Director at 1ST SOURCE CORP, acquired 1,606 shares of common stock at $60.83 per share on June 2, 2025, increasing his total beneficial ownership to 19,342 shares.

Summary

• John F. Affleck-Graves, a Director of 1ST SOURCE CORP (SRCE), reported an acquisition of common stock.
• The transaction occurred on June 2, 2025, involving the direct acquisition of 1,606 shares.
• Each share was acquired at a price of $60.83.
• Following this transaction, Mr. Affleck-Graves beneficially owns a total of 19,342 shares of 1ST SOURCE CORP common stock.

Sentiment

Score: 8

Explanation: The sentiment is positive due to a director's acquisition of company shares, indicating strong insider confidence in the company's value and future.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects and valuation.
• The transaction increases the alignment of the director's interests with those of the shareholders.

Future Outlook

NA

Industry Context

This transaction occurs within the financial services industry, where insider buying can be interpreted as a positive signal regarding the company's stability and growth prospects, especially for a regional bank like 1ST SOURCE CORP.

Stakeholder Impact

• Shareholders: The transaction may instill greater confidence among existing and potential shareholders, as it demonstrates a director's belief in the company's value.

Key Dates

Keywords

1ST SOURCE CORP, SRCE, Insider Trading, Form 4, Stock Acquisition, Director, John F. Affleck-Graves, Common Stock, Beneficial Ownership