Fenech Joseph A. 4

What Happened

• Joseph A. Fenech, a director of First Internet Bancorp (INBK), was granted 2,416 restricted shares on May 18, 2026. The shares were reported as acquired at $0.00 (total reported value $0), representing a restricted stock award (transaction code A).
• This is an award/grant (compensation/retention), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-18; Price reported: $0.00 per share; Shares granted: 2,416; Reported total value: $0.
• Additional shares: Filing notes 17 shares were acquired between April 16, 2026 and May 18, 2026 under the company’s Dividend Reinvestment and Stock Purchase Plan (F2).
• Vesting: The restricted award vests the earlier of May 18, 2027 or immediately prior to the company’s next annual shareholders’ meeting (F1).
• Ownership note: All shares referenced are owned by GenOpp Financial Fund LP; Mr. Fenech is an indirect owner of the fund’s general partner/manager. The filing states this is not an admission that he beneficially owns the securities (F3).
• Filing timeliness: Report filed May 19, 2026 for a May 18 transaction — within Form 4 timing requirements (timely).

Context

• Restricted stock awards are typically compensation or retention incentives and usually vest over time; they are not an immediate cash purchase and often carry transfer/vesting restrictions until the vest date.
• Because the grant was issued to a fund (per F3) and includes a vesting schedule, this filing does not necessarily signal immediate personal buying or selling by Mr. Fenech.