Short Andrea G 4

What Happened Andrea G. Short, President, CEO and a director of 1st Source Corporation (SRCE), was granted 16,179 shares on September 23, 2025 as an award/acquisition (reported at $0.00 per share). The award is a restricted stock grant under the company’s 1982 Restricted Stock Award Plan and was made pursuant to an Employment Agreement dated September 23, 2025. This is an award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2025-09-23 — Award/Grant (Transaction code A). Reported acquisition price: $0.00 (restricted stock).
• Shares involved: 16,179 shares granted.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: Grant made under the 1982 Restricted Stock Award Plan and the Employment Agreement; awards are subject to vesting and continued employment (Footnote F1). Filing also notes Ms. Short acquired 243 shares under the company 401(k) plan during 2025 (Footnote F2, based on plan statement dated 12/31/2025).
• Filing timeliness: Form 4 was filed on 2026-02-05 for a 2025-09-23 transaction — the filing is late (filed several months after the transaction).

Context Restricted stock awards are compensation and typically vest over time and/or require continued employment; they do not represent an immediate open-market purchase or sale. Because vesting and employment conditions apply, the grant indicates compensation alignment but should not be interpreted on its own as a market-timing purchase by the insider.