Form 4: 1st Source Corp Director Torres Acquires Shares in Recent Transaction
SEC Form 4 Filing
Director Isaac P. Torres of 1st Source Corp acquired 262 shares of common stock at a price of $60.94 per share on November 1, 2024.
Summary
- On November 1, 2024, Isaac P. Torres, a director of 1st Source Corp, acquired 262 shares of common stock.
- The purchase price was $60.94 per share.
- Following the transaction, Torres directly owns 8,188 shares of 1st Source Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing reflecting a standard transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Isaac P. Torres acquired 262 shares of 1st Source Corp common stock. |
| 11/05/2024 | Date of signature: John B. Griffith, Attorney-in-Fact, signed the Form 4 on behalf of Isaac P. Torres. |
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