4Filed Aug 9, 8:00 PM ET
1st Source (SRCE) CFO/Treasurer Brett Bauer Sells 500 Shares
$SRCE · 1ST SOURCE CORPResearch Summary
AI-generated summary of this SEC filing
1st Source (SRCE) CFO/Treasurer Brett Bauer Sells 500 Shares
What Happened
Brett A. Bauer, Treasurer and Chief Financial Officer of 1st Source Corp (SRCE), disposed of 500 shares on August 10, 2026. The sale was reported at $87.89 per share for a total value of $43,945. This was a sale (code S), typically a routine insider disposition rather than a purchase signal.
Key Details
- Transaction date: 2026-08-10
- Price per share: $87.89; Total proceeds: $43,945
- Transaction type: Sale (reported as open-market or private sale)
- Shares owned after transaction: Not specified in the filing
- Filing date / Accession: Filed 2026-08-10 (Accession No. 0001875625-26-000006) — filing appears timely with no late-filing flag reported
- No footnotes, 10b5-1 plan, or tax-withholding details were disclosed in the reported transaction
Context
Sales by officers can be routine (for liquidity, diversification, tax reasons, etc.) and do not by themselves indicate a change in company fundamentals. Because this is a straightforward sale of existing shares (not an options exercise, gift, or award), it should be interpreted as a disposition of holdings rather than a new investment decision.