Form 4: 1st Source Corp Director, Tracy D Graham, Acquires Additional Shares
SEC Form 4
Director Tracy D Graham purchased 596 shares of 1st Source Corp (SRCE) at $50.48 per share on June 3, 2024.
Summary
- On June 3, 2024, Tracy D Graham, a director of 1st Source Corp (SRCE), acquired 596 shares of common stock at a price of $50.48 per share.
- Following this transaction, Graham directly owns 11,144 shares of 1st Source Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine insider transaction. The director's purchase could be interpreted as a slightly positive signal, but it's not a major event.
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
This 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 could have a minor positive impact on shareholder sentiment, as insider buying is often seen as a sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Tracy D Graham acquired 596 shares of 1st Source Corp common stock. |
| 06/05/2024 | Date of signature: The Form 4 was signed by John B. Griffith, Attorney-in-Fact, on behalf of Tracy D Graham. |
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