FITZPATRICK DANIEL B 4
4 · 1ST SOURCE CORP · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
1st Source (SRCE) Director Daniel B. Fitzpatrick Receives 250-Share Award
What Happened
Daniel B. Fitzpatrick, a director of 1st Source Corp (SRCE), received an award of 250 shares on June 3, 2026. The reported per-share value for the grant was $73.49, for a total reported value of approximately $18,373. This was an acquisition via an award/grant (Form 4 code "A"), which is typically a compensation-related issuance rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-03; Filing date (Form 4): 2026-06-05 (filed within the standard two-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 250; Price/value: $73.49 per share; Total value: $18,373 (rounded).
- Shares owned after transaction: Not specified/disclosed in the Form 4.
- No footnotes in the filing indicating a 10b5-1 plan, tax withholding, or cashless sale.
Context
An "A" code award is usually part of director or employee compensation (e.g., restricted stock or similar grant) and does not necessarily signal a buy or sell sentiment in the open market. The filing was timely. Retail investors should view awards as compensation events; they are informative about executive/director pay but do not by themselves prove bullish or bearish insider sentiment.
Insider Transaction Report
- Award
Common Stock
2026-06-03$73.49/sh+250$18,373→ 49,329 total