1ST SOURCE CORP·4

Feb 4, 12:01 PM ET

OZARK TIMOTHY K 4

Research Summary

AI-generated summary

Updated

1st Source (SRCE) Director Timothy K. Ozark Receives 288-Share Award

What Happened

  • Timothy K. Ozark, a director of 1st Source Corporation (ticker: SRCE), was granted 288 shares on 2026-02-03. The reported acquisition price per share was $65.83, for a total reported value of about $18,959. This transaction is coded as an award/grant (A), meaning the shares were issued as compensation or a director grant rather than bought on the open market.

Key Details

  • Transaction date: 2026-02-03; Filing date: 2026-02-04 (timely filing).
  • Shares acquired: 288 at $65.83 each; total value ≈ $18,959.
  • Transaction code: A (award/grant/other acquisition).
  • Shares owned after the transaction: not specified in the Form 4 provided.
  • No footnotes about 10b5-1 plans, tax withholding, or cashless sales were reported in the filing.

Context

  • Director awards are common as part of board compensation and may be subject to vesting or transfer restrictions; the filing does not detail vesting or whether the shares are restricted.
  • This is an acquisition (adds equity to the insider), which can be interpreted as a neutral-to-bullish signal compared with sales, but grants are often routine compensation and do not necessarily indicate a change in the director’s view of the company.