Form 4: 1st Source Corp Executive Vice President Buhr Sells 1,000 Shares
SEC Form 4 Filing
Executive Vice President Jeffrey L. Buhr of 1st Source Corp sold 1,000 shares of common stock at a price of $59.83 on August 2, 2024.
Summary
- On August 2, 2024, Jeffrey L. Buhr, Executive Vice President of 1st Source Corp, sold 1,000 shares of common stock.
- The sale price was $59.83 per share.
- Following the transaction, Mr. Buhr directly owns 67,327 shares of 1st Source Corp common stock.
- Mr. Buhr also indirectly owns 5,493 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. The sale of shares by an executive could be interpreted in various ways, but without additional context, it's difficult to assign a strong positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by an executive may cause some investors to re-evaluate their positions in the company.
Key Dates
| Date | Description |
|---|---|
| January 1, 2023 | Start date for Mr. Buhr's acquisition of 301 shares of 1st Source Corporation common stock under the 401(k) plan. |
| December 31, 2023 | End date for Mr. Buhr's acquisition of 301 shares of 1st Source Corporation common stock under the 401(k) plan; date of the plan statement used for this report. |
| 08/02/2024 | Date of the transaction where Jeffrey L. Buhr sold 1,000 shares of 1st Source Corp common stock. |
| 08/05/2024 | Date of signature for the Form 4 filing. |
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