|4Feb 18, 5:05 PM ET

Buhr Jeffrey L 4

Research Summary

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1st Source (SRCE) EVP Jeffrey L. Buhr Receives 4,468-Share Award

What Happened

  • Jeffrey L. Buhr, Executive Vice President of 1st Source Corporation (SRCE), was granted 4,468 shares on 2026-02-17. The Form 4 reports the acquisition as an award (transaction code A) with a reported price of $0.00, reflecting a compensatory grant under the company plan.

Key Details

  • Transaction date: 2026-02-17; transaction type: Award/Grant (code A).
  • Shares granted: 4,468; reported acquisition price: $0.00 (compensation award).
  • Footnote F1: Award is part of the 2025 Executive Incentive Plan (EIP).
  • Footnote F2: Separately, Buhr acquired 218 shares during 2025 through the company 401(k) plan (per a plan statement dated 12/31/2025).
  • Shares owned after the transaction: not specified in this filing.
  • Filing timeliness: Reported on 2026-02-18 for a 2026-02-17 transaction — appears timely.

Context

  • This was a compensatory award (not an open-market purchase or sale). Such grants are common as part of executive pay packages and do not, by themselves, indicate the insider is buying or selling stock for investment reasons.
  • For retail investors, awards matter as they reflect compensation practices and potential future dilution, but they are not direct bullish/bearish signals like open-market purchases or sales.