Lovik Kenneth J. 4
Accession 0001562463-26-000004
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:58 PM ET
Size
5.0 KB
Accession
0001562463-26-000004
Research Summary
AI-generated summary of this filing
First Internet Bancorp (INBK) CFO Kenneth Lovik Receives RSU Award
What Happened
Kenneth J. Lovik, Executive Vice President & Chief Financial Officer of First Internet Bancorp (INBK), was granted 4,620 restricted stock units (RSUs) on January 20, 2026. The RSUs were granted at $0.00 per share (standard for RSU awards) — acquisition value reported as $0.
Key Details
- Transaction date: 2026-01-20; Form 4 filed 2026-01-21 (timely filing).
- Grant: 4,620 RSUs @ $0.00 (code A — award/grant).
- Vesting: RSUs vest in substantially equal annual installments on January 31, 2027, January 31, 2028, and January 31, 2029 (per footnote F1).
- Plan: Award made under the First Internet Bancorp 2022 Equity Incentive Plan (footnote F1).
- Shares owned/other holdings: filing notes inclusion of 328 shares acquired via the employee stock purchase plan from Feb 28, 2025 through Jan 15, 2026 (footnote F2). The Form 4 provided does not state a total post-transaction share count beyond the footnote detail.
- Filing timeliness: Reported promptly (filed the day after the grant).
Context
RSU grants are a form of compensation and typically vest over time; they are not an open-market purchase (so they do not directly signal buying conviction). Tax withholding or share settlement at vesting may reduce net shares later (no withholding noted in this grant). For investors, such awards are routine for executives and primarily reflect compensation/retention rather than immediate trading activity.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-01-20+4,620→ 52,849 total
Footnotes (2)
- [F1]Represents grant of RSUs under the First Internet Bancorp 2022 Equity Incentive Plan. The RSUs are scheduled to vest in substantially equal annual installments on January 31, 2027, January 31, 2028, and January 31, 2029.
- [F2]Includes 328 shares acquired from February 28, 2025 through January 15, 2026 pursuant to the First Internet Bancorp Employee Stock Purchase Plan.
Signature
Documents
Issuer
First Internet Bancorp
CIK 0001562463
Related Parties
1- filerCIK 0001617829
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:58 PM ET
- Size
- 5.0 KB