Lovik Kenneth J. 4

What Happened
Kenneth J. Lovik, Executive Vice President & Chief Financial Officer of First Internet Bancorp (INBK), had 1,116 shares from a restricted stock unit vesting forfeited to satisfy tax withholding. The shares were recorded at $21.79 each, a total value of $24,318, and listed as disposed on the Form 4.

Key Details

• Transaction date: 2026-01-31 (reported on Form 4 filed 2026-02-03; Period of Report: 2026-01-31)
• Nature: Award/vesting with shares forfeited for tax withholding (SEC code A; footnote indicates tax withholding)
• Quantity and price: 1,116 shares at $21.79; total $24,318 (disposed to satisfy withholding)
• Shares owned after transaction: not specified in the provided filing data
• Footnote: F1 — "Shares forfeited to satisfy tax withholding obligations in connection with vesting of restricted stock units."
• Timeliness: filing date is Feb 3, 2026; no late-filing flag provided in the supplied details.

Context
This was a routine tax-withholding transaction tied to RSU vesting—not an open-market sale or purchase. Such forfeitures are common when companies withhold a portion of vested shares for payroll/tax obligations and do not necessarily signal insider sentiment about the stock.