Form 4: 1st Source Corp Executive Vice President Reports Acquisition of Shares

Jeffrey L. Buhr, Executive Vice President of 1st Source Corp, reports acquiring shares through EIP awards and a 401(k) plan.

Summary

• Jeffrey L. Buhr, an Executive Vice President at 1st Source Corp (SRCE), filed a Form 4 detailing changes in beneficial ownership.
• On February 21, 2025, Mr. Buhr acquired 2,278 shares of common stock through EIP awards for 2024 at $0.
• As of the report, Mr. Buhr directly owns 69,605 shares of 1st Source Corp common stock.
• Between January 1, 2024, and December 31, 2024, Mr. Buhr acquired 237 shares through the 401(k) plan, bringing his indirectly held shares to 5,730.
• The report was filed on February 25, 2025, by John B. Griffith, Attorney-in-Fact.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard filing reflecting stock acquisitions, which could be seen as a positive sign of executive confidence, but it's not overwhelmingly positive.

Positives

• The acquisition of shares by an executive could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• Shareholders may view the executive's stock acquisition as a positive signal.

Key Dates