Short Andrea G 4
Research Summary
AI-generated summary
1st Source (SRCE) CEO Andrea Short Receives Award
What Happened
Andrea G. Short, President and CEO and a director of 1st Source Corp (SRCE), was granted 5,892 shares on February 17, 2026. The Form 4 reports the shares were acquired as an award (transaction code A) at $0.00 per share (total reported acquisition value $0). This was an equity award granted as part of compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-18 — timely filing).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 5,892; price reported: $0.00; total reported acquisition value: $0.
- Shares owned after transaction: not specified in the Form 4 provided.
- Footnote: F1 — EIP awards for 2025 (the grant is part of the company’s 2025 Equity Incentive Plan awards).
Context
Equity awards like these are typically compensation-related (e.g., restricted stock or performance awards) and may be subject to vesting and other restrictions; they represent issuance of stock to an insider rather than a cash purchase. Such awards increase insider ownership but do not by themselves indicate the insider’s short-term trading intent.