SRCE.NASDAQ1st Source CORP

Form 4: 1st Source Corp Director, Tracy D Graham, Acquires 180 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Tracy D Graham acquired 180 shares of 1st Source Corp (SRCE) common stock at a price of $60.94 on November 1, 2024.

Summary

  • On November 1, 2024, Tracy D Graham, a director of 1st Source Corp (SRCE), purchased 180 shares of the company's common stock.
  • The shares were acquired at a price of $60.94 per share.
  • Following the transaction, Graham directly owns 11,455 shares of 1st Source Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a small transaction.

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 and reported to the SEC. They provide insights into the perspectives of company insiders on the value and prospects of their company. While not always indicative of future performance, they are closely watched by investors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders and are required by the SEC.
  • The information provided in this filing is consistent with the level of detail expected in such reports.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
11/01/2024Date of transaction: Tracy D Graham acquired 180 shares of 1st Source Corp common stock.
11/05/2024Date of signature on the Form 4 filing.

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