Form 4: First Internet Bancorp Director John K. Keach Jr. Reports Acquisition of Common Stock

Director John K. Keach Jr. reports acquiring 2,287 shares of First Internet Bancorp common stock through a restricted stock award and dividend reinvestment.

Summary

• On May 19, 2025, John K. Keach Jr., a director of First Internet Bancorp, acquired 2,287 shares of common stock.
• The acquisition includes a restricted stock award of 2,287 shares.
• 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.
• Keach also acquired 145 shares between July 16, 2024, and April 16, 2025, through the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan.
• Following these transactions, Keach directly owns 34,949 shares of First Internet Bancorp common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the sentiment is neutral. It simply reports a transaction.

Positives

• The director's increased stake in the company could be seen as a positive signal.

Future Outlook

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.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide investors with insights into the actions of company insiders.

Stakeholder Impact

• The director's increased stake in the company could increase shareholder confidence.

Key Dates

Keywords

First Internet Bancorp, INBK, John K. Keach Jr., Director, Stock Acquisition, Restricted Stock Award, Dividend Reinvestment, Beneficial Ownership