SCHEDULE: Vanguard Group Discloses 5.07% Stake in 1st Source Corp

The Vanguard Group has reported a beneficial ownership of 5.07% in 1st Source Corp, holding over 1.24 million shares of common stock.

Summary

• The Vanguard Group has filed a Schedule 13G, disclosing its beneficial ownership in 1st Source Corp.
• As of June 30, 2025, Vanguard beneficially owns 1,245,505 shares of 1st Source Corp's Common Stock.
• This aggregate amount represents 5.07% of the class of securities.
• Vanguard holds sole voting power over 0 shares, shared voting power over 11,946 shares, sole dispositive power over 1,207,233 shares, and shared dispositive power over 38,272 shares.
• The filing indicates that Vanguard's clients, including investment companies and other managed accounts, have the right to receive dividends or proceeds from the sale of these securities, with no single client holding more than 5%.

Sentiment

Score: 6

Explanation: The filing is a neutral disclosure of beneficial ownership. The presence of a major institutional investor like Vanguard holding a significant stake can be seen as a minor positive signal of market confidence, hence a slightly positive score.

Positives

• The disclosure of a significant 5.07% stake by a major institutional investor like The Vanguard Group may signal increased institutional confidence or interest in 1st Source Corp.

Future Outlook

NA

Industry Context

This filing is a standard disclosure by a large institutional asset manager, The Vanguard Group, indicating a passive investment stake in 1st Source Corp. Such filings are common for major investment firms that cross the 5% ownership threshold in publicly traded companies, reflecting their portfolio management activities rather than an intent to influence control.

Comparison to Industry Standards

• The 5.07% stake held by The Vanguard Group in 1st Source Corp is a significant institutional holding, aligning with typical portfolio allocations for large index and actively managed funds. While specific comparable companies or projects are not detailed in this filing, a 5% stake by a major asset manager like Vanguard is generally considered a substantial, but passive, investment in a company of 1st Source Corp's size and industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by The Vanguard Group may be viewed positively by other shareholders, potentially signaling increased liquidity and institutional interest in the company's stock.

Key Dates

Keywords

1st Source Corp, Vanguard Group, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Financial Services, Banking