Form 4: Director John Affleck-Graves Increases Stake in 1st Source

Director John Affleck-Graves acquired 1,481 shares of 1st Source Corp common stock at a price of $73.49 per share.

Summary

• Director John Affleck-Graves purchased 1,481 shares of 1st Source Corp (SRCE) common stock.
• The transaction occurred on June 3, 2026.
• The purchase price was $73.49 per share.
• Following this transaction, the director's total beneficial ownership is 21,731 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it reflects direct financial commitment from a member of the board of directors.

Positives

• Insider confidence is demonstrated by the director's decision to increase his equity position in the company.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable.

Industry Context

StockSavvy.ai notes that director-level insider buying is generally viewed as a positive signal of management's belief in the long-term value of the company, particularly in the regional banking sector.

Comparison to Industry Standards

• Insider buying at market prices is consistent with standard corporate governance practices where directors align their interests with shareholders.

Stakeholder Impact

• Shareholders may interpret this as a sign of confidence in the company's current valuation and future prospects.

Next Steps

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

Key Dates

Keywords

1st Source Corp, SRCE, Insider Trading, Form 4, Director Purchase