Bauer Brett A. 4
4 · 1ST SOURCE CORP · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
1st Source (SRCE) CFO Brett Bauer Receives 3,519-Share Award
What Happened
Brett A. Bauer, Treasurer and Chief Financial Officer of 1st Source Corp (SRCE), was granted 3,519 shares on February 17, 2026. The Form 4 reports the acquisition as an award (code A) with a reported price of $0.00, reflecting a grant under the company’s incentive plan rather than an open‑market purchase.
Key Details
- Transaction date: 2026-02-17; reported on Form 4 filed 2026-02-18 (timely filing).
- Transaction type: Award/Grant (code A) — 3,519 shares at $0.00 (reported acquisition value $0).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: F1 indicates these are EIP awards for 2025.
- No sale, option exercise, or tax‑withholding details were reported in this filing.
Context
This was an employee incentive plan (EIP) award, which is common compensation for executives and does not require cash outlay by the insider. Such grants reflect compensation decisions by the company and are not direct market buys or sells; they should be interpreted as remuneration rather than an explicit bullish or bearish trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17+3,519→ 31,206 total
- 3,024(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]EIP awards for 2025.