1st Source (SRCE) Director John F. Affleck-Graves Receives 239 Shares
$SRCE · 1ST SOURCE CORPResearch Summary
AI-generated summary of this SEC filing
1st Source (SRCE) Director John F. Affleck-Graves Receives 239 Shares
What Happened
John F. Affleck-Graves, a director of 1st Source Corp (SRCE), received an award of 239 shares on August 4, 2026. The grant was recorded at $89.76 per share, with a total reported value of approximately $21,453. This was an awarded grant (transaction code A), a compensatory issuance rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-04; filing date (Accession): 2026-08-06. Filing appears timely (within the usual two business-day Form 4 window).
- Transaction type/code: Grant/award (A).
- Shares acquired: 239 at $89.76 per share; total value ≈ $21,453.
- Shares owned after transaction: Not specified in the summary data provided in this request (see filing for post-transaction beneficial ownership).
- No footnotes (e.g., 10b5-1 plan, tax withholding) were noted in the information you provided.
Context
Grants to directors are typically part of compensation or equity retention programs and do not necessarily signal a personal buy or sell decision. For retail investors, such awards are worth noting as they slightly increase insider stake and align director interests with shareholders, but they should not be taken alone as a bullish or bearish signal. Check the full Form 4 for any additional details on vesting, restrictions, or total holdings.