First Internet Bancorp·4

May 19, 3:07 PM ET

WOJTOWICZ JEAN L 4

Research Summary

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INBK Director Jean Wojtowicz Receives Restricted Stock Award

What Happened
Jean L. Wojtowicz, a director of First Internet Bancorp (INBK), was granted 2,416 shares as a restricted stock award on May 18, 2026. The filing reports an acquisition price of $0.00 (award/grant code A), so the reported transaction value is $0. This award is compensation-related rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (appears timely).
  • Shares granted: 2,416 shares at $0.00 per share (transaction code A).
  • Vesting: Award scheduled to vest the earlier of May 18, 2027 or immediately prior to the company’s next annual shareholders’ meeting (Footnote F1).
  • Additional note: Filing states it "includes 377 shares acquired between July 15, 2025 and May 18, 2026 pursuant to the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan" (Footnote F2).
  • Shares owned after the transaction are not specified in the filing.

Context
Restricted stock awards are a form of compensation and are routine for insiders; they do not necessarily signal a buy/sell intent by the insider. This report documents a grant (not an open-market purchase or sale) and should be interpreted as part of executive/director compensation disclosures rather than a direct indicator of trading sentiment.