Form 4: 1st Source Corp Director Shrewsbury Acquires 209 Shares
SEC Form 4 Filing
Director Ronda Shrewsbury acquired 209 shares of 1st Source Corp (SRCE) common stock at a price of $64.41 on August 1, 2024.
Summary
- On August 1, 2024, Ronda Shrewsbury, a director of 1st Source Corp (SRCE), acquired 209 shares of common stock.
- The purchase price was $64.41 per share.
- Following the transaction, Shrewsbury directly owns 9,903 shares of 1st Source Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports an insider transaction, which could be interpreted in various ways depending on the investor's perspective.
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 routinely monitored by investors as they can provide insights into a company's prospects, although they are not always indicative of future performance.
Stakeholder Impact
- Shareholders may view this transaction as a sign of confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Ronda Shrewsbury acquired 209 shares of 1st Source Corp common stock. |
| 08/05/2024 | Date of signature on the Form 4 filing. |
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