Form 4: 1st Source Corp Director Shrewsbury Acquires Additional Shares
SEC Form 4 Filing
Director Ronda Shrewsbury purchased 221 shares of 1st Source Corp (SRCE) at $60.94 per share on November 1, 2024, increasing her direct holdings to 10,124 shares.
Summary
- On November 1, 2024, Ronda Shrewsbury, a director of 1st Source Corp (SRCE), acquired 221 shares of common stock.
- The purchase price was $60.94 per share.
- This transaction increased Shrewsbury's direct ownership to 10,124 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the quantity is relatively small and may not be highly significant.
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 closely monitored by investors as they can provide insights into a company's performance and future prospects. Purchases by directors are often viewed more favorably than sales.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Ronda Shrewsbury acquired 221 shares of 1st Source Corp common stock. |
| 11/05/2024 | Date of signature on the Form 4 filing. |
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