Form 4: Director Tracy D. Graham Increases Stake in 1st Source Corp
Statement of Changes in Beneficial Ownership
Director Tracy D. Graham acquired 562 shares of 1st Source Corp common stock at a price of $73.49 per share.
Summary
- Director Tracy D. Graham purchased 562 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 13,495 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects routine insider confidence without indicating a major strategic shift.
Positives
- Insider confidence is demonstrated by the director increasing their equity position in the company.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable for this filing type.
Industry Context
StockSavvy.ai notes that insider buying is generally viewed as a positive signal of management's belief in the long-term value of the financial institution.
Comparison to Industry Standards
- Director share accumulation is consistent with standard corporate governance practices for regional banking executives.
Stakeholder Impact
- Shareholders may interpret this as a sign of stability and confidence from the board of directors.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Date of the stock acquisition transaction. |
| 06/05/2026 | Date the Form 4 was signed and filed. |
Keywords
1st Source Corp, SRCE, Insider Trading, Form 4, Director Stock Purchase
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.