Form 4: 1st Source Corp Director Timothy Ozark Acquires 248 Shares
SEC Form 4 Filing
Director Timothy Ozark of 1st Source Corp acquired 248 shares of common stock at $64.41 per share on August 1, 2024.
Summary
- On August 1, 2024, Timothy K. Ozark, a director of 1st Source Corp, purchased 248 shares of the company's common stock.
- The purchase price was $64.41 per share.
- Following the transaction, Ozark directly owns 47,141 shares of 1st Source Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a stock purchase by a director. It doesn't inherently convey positive or negative sentiment about the company's performance.
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
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This transaction is a standard disclosure and doesn't necessarily indicate a major shift in the company's outlook.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Timothy Ozark acquired 248 shares of 1st Source Corp common stock. |
| 08/05/2024 | Date of signature on the Form 4 filing. |
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