Form 4: Director Daniel B. Fitzpatrick Increases Stake in 1st Source

Director Daniel B. Fitzpatrick acquired 250 shares of 1st Source Corporation common stock at a price of $73.49 per share.

Summary

• Director Daniel B. Fitzpatrick purchased 250 shares of 1st Source Corporation (SRCE) common stock.
• The transaction occurred on June 3, 2026, at a price of $73.49 per share.
• Following this acquisition, the director's total beneficial ownership increased to 49,329 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a mildly positive signal, as insider buying reflects internal confidence, though the transaction size is not significant enough to suggest a major strategic shift.

Positives

• The director's purchase of additional shares signals confidence in the company's long-term prospects and financial health.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

No forward-looking guidance or strategic outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that insider buying is generally viewed as a positive indicator of management sentiment regarding the company's valuation and future performance within the regional banking sector.

Comparison to Industry Standards

• The transaction is a standard regulatory disclosure for director equity activity.
• The purchase volume is relatively small compared to the director's total holdings, consistent with routine portfolio adjustments.

Stakeholder Impact

• Shareholders may interpret the director's purchase as a sign of confidence in the company's current valuation.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

1st Source Corporation, SRCE, Insider Trading, Director Purchase, SEC Form 4