Form 4: 1ST SOURCE CORP Director Ronda Shrewsbury Boosts Stake with Share Acquisition

Ronda Shrewsbury, a Director at 1ST SOURCE CORP, recently acquired 1,811 shares of common stock at a price of $60.83 per share, increasing her beneficial ownership.

Summary

• Ronda Shrewsbury, identified as a Director of 1ST SOURCE CORP (SRCE), reported a transaction on June 2, 2025.
• The transaction involved the acquisition of 1,811 shares of 1ST SOURCE CORP common stock.
• The shares were acquired at a price of $60.83 per share.
• Following this acquisition, Ronda Shrewsbury beneficially owns a total of 12,189 shares of common stock.
• The filing indicates the transaction was made pursuant to a Rule 10b5-1(c) plan, suggesting a pre-arranged purchase.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director's acquisition of shares typically indicates confidence in the company's prospects and valuation.

Positives

• A Director, Ronda Shrewsbury, increased her direct ownership in 1ST SOURCE CORP, which can signal confidence in the company's future performance and valuation.
• The acquisition of 1,811 shares at $60.83 per share represents a direct investment by an insider, aligning management's interests with those of shareholders.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically an acquisition of shares by a director. It does not provide broader industry context or trends, but rather reflects an individual insider's investment decision within the financial services sector where 1ST SOURCE CORP operates.

Stakeholder Impact

• Shareholders: May perceive the director's share purchase as a positive signal, potentially increasing investor confidence in the company's stock.

Key Dates

Recommendation

Keywords

1ST SOURCE CORP, SRCE, Insider Trading, Form 4, Stock Acquisition, Director, Ronda Shrewsbury, Common Stock, Beneficial Ownership, 10b5-1 Plan