Form 4: 1st Source Corp Director Schurz Acquires Shares
SEC Form 4
Director Todd F. Schurz of 1st Source Corp acquired 180 shares of common stock at a price of $60.94 on November 1, 2024.
Summary
- On November 1, 2024, Todd F. Schurz, a director of 1st Source Corp, acquired 180 shares of common stock.
- The price per share was $60.94.
- Following the transaction, Schurz directly owns 11,715 shares of 1st Source Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the small number of shares acquired doesn't strongly indicate a major shift in sentiment.
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 trading activity is closely monitored and reported to the SEC. Purchases by directors are often seen as a sign of confidence in the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Todd F. Schurz acquired 180 shares of common stock. |
| 11/05/2024 | Date of signature: Form 4 signed by John B. Griffith, Attorney-in-Fact. |
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