Form 4: 1st Source Corp Director Shrewsbury Acquires Shares
SEC Form 4 Filing
Director Ronda Shrewsbury acquired 2,131 shares of 1st Source Corp (SRCE) at $50.48 per share on June 3, 2024.
Summary
- On June 3, 2024, Ronda Shrewsbury, a director of 1st Source Corp (SRCE), acquired 2,131 shares of common stock.
- The shares were purchased at a price of $50.48 per share.
- Following the transaction, Shrewsbury directly owns 9,694 shares of 1st Source Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's neither overwhelmingly positive nor negative.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
There is no future outlook provided in this document.
Industry Context
This is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Ronda Shrewsbury acquired 2,131 shares of 1st Source Corp. |
| 06/05/2024 | Date of report: Form 4 filing date. |
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