Bade Aasif M. 4

What Happened

• Bade Aasif M., a director of First Internet Bancorp (INBK), received a restricted stock award of 2,416 shares on 2026-05-18. The award shows a $0.00 acquisition price (i.e., no cash paid). The filing does not report a dollar value for the award.

Key Details

• Transaction date and type: 2026-05-18 — Award/Grant (code A).
• Price: $0.00 per share (awarded, not purchased).
• Shares received: 2,416 restricted shares.
• Shares owned after transaction: Not specified in this Form 4.
• Vesting/footnote: Award scheduled to vest the earlier of May 18, 2027 or immediately prior to the Company’s next annual shareholders’ meeting (per footnote).
• Filing timeliness: Form 4 filed 2026-05-19 for the 2026-05-18 transaction — appears timely.

Context

• This was a compensatory restricted stock award, not an open-market purchase or sale. Restricted shares typically cannot be sold until they vest and may be forfeited if vesting conditions are not met, so the award does not directly indicate immediate buying or selling intent.