SRCE.NASDAQ1st Source CORP

Form 4: 1st Source Corp Executive Vice President Buhr Sells Shares

Sentiment:

SEC Form 4


Executive Vice President Jeffrey L. Buhr of 1st Source Corp sold 1,925 shares of common stock at $50.84 per share on June 6, 2024.

Summary

  • On June 6, 2024, Jeffrey L. Buhr, Executive Vice President of 1st Source Corp, sold 1,925 shares of common stock at a price of $50.84 per share.
  • Following the transaction, Mr. Buhr directly owns 68,327 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 routine disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment, but rather a factual transaction.

Industry Context

This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. These filings are routinely monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

  • The sale of shares by an executive officer could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates

DateDescription
06/06/2024Date of stock sale transaction
06/07/2024Date of signature for the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.