First Internet Bancorp·4

May 19, 3:06 PM ET

Christian Justin P. 4

Research Summary

AI-generated summary

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First Internet (INBK) Director Christian Justin P. Receives 2,416-Share Award

What Happened Christian Justin P., a director of First Internet Bancorp (INBK), was granted 2,416 shares as a restricted stock award on May 18, 2026. The award was reported at $0.00 per share (transaction code A — award/grant), so the filing shows $0 total value at grant (typical for restricted-share grants where no cash was exchanged).

Key Details

  • Transaction date: 2026-05-18; filing date: 2026-05-19 (filed promptly).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 2,416; reported acquisition price: $0.00.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: Award is restricted and scheduled to vest the earlier of May 18, 2027 or immediately prior to the Company’s next annual shareholders’ meeting.
  • No 10b5-1 plan, tax-withholding sale, or late-filing indication noted in the filing.

Context Restricted stock awards are compensation and are not open-market purchases or sales; they generally vest over time (or on a condition) and may signal alignment with long-term shareholder interests but do not represent an immediate cash investment by the insider. This filing appears routine and timely.