Form 4: First Internet Bancorp Director Jean L. Wojtowicz Reports Acquisition of Shares

Director Jean L. Wojtowicz reports acquisition of First Internet Bancorp shares through restricted stock award and dividend reinvestment.

Summary

• On May 19, 2025, Jean L. Wojtowicz, a director of First Internet Bancorp, reported acquiring 2,287 shares of common stock.
• These shares were acquired through a restricted stock award and participation in the company's Dividend Reinvestment and Stock Purchase Plan.
• The restricted stock award is scheduled to vest the earlier of May 18, 2026, or immediately prior to the company's next annual shareholders' meeting.
• Following the transaction, Wojtowicz beneficially owns 39,628 shares of First Internet Bancorp.
• 276 shares were acquired between July 16, 2024, and April 16, 2025, through the Dividend Reinvestment and Stock Purchase Plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence, but it's a routine transaction.

Positives

• The director's acquisition of shares may signal confidence in the company's future performance.
• Participation in the Dividend Reinvestment and Stock Purchase Plan demonstrates a long-term investment perspective.

Future Outlook

The restricted stock award vests the earlier of May 18, 2026, or immediately prior to the company's next annual shareholders' meeting.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. Acquisitions are generally viewed more positively than disposals.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

First Internet Bancorp, INBK, Director, Jean L. Wojtowicz, Stock Acquisition, Beneficial Ownership, Form 4, Dividend Reinvestment Plan, Restricted Stock Award