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First Internet Bancorp·4

May 19, 3:07 PM ET

KEACH JOHN K JR 4

Research Summary

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First Internet (INBK) Director John K. Keach Jr. Receives Award

What Happened
John K. Keach Jr., a director of First Internet Bancorp (INBK), was granted 2,416 shares as a restricted stock award on 2026-05-18. The Form 4 reports the acquisition at $0.00 per share (total reported value $0). The award is subject to vesting conditions and is not an open-market purchase or sale.

Key Details

  • Transaction date reported: 2026-05-18; Form 4 filed: 2026-05-19 (timely filing).
  • Shares granted: 2,416; reported price: $0.00; reported total value: $0.
  • Footnote F1: Award vests the earlier of May 18, 2027 or immediately prior to the company’s next annual shareholders’ meeting.
  • Footnote F2: The transaction/holding figure includes 109 shares acquired between 2026-01-16 and 2026-05-18 under the company’s Dividend Reinvestment and Stock Purchase Plan (DRIP).
  • Shares owned after transaction: not specified in the provided filing details.

Context
This was a restricted stock award (code A), meaning the shares are subject to vesting and typical transfer restrictions until the vesting date — not an immediate sale or open-market buy. Such awards are common for director compensation; they do not necessarily indicate near-term buying or selling intent.