Torres Isaac P. 4
Research Summary
AI-generated summary
1st Source (SRCE) Director Isaac P. Torres Receives Award of 212 Shares
What Happened
Isaac P. Torres, a director of 1st Source Corp (SRCE), received an award of 212 shares on February 3, 2026. The award was recorded at $65.83 per share, a total value of $13,956. This was an equity grant/award (not an open‑market purchase or sale) typically used for director compensation.
Key Details
- Transaction date: 2026-02-03
- Price per share: $65.83; total reported value: $13,956
- Transaction type: Award/Grant (code A) — shares acquired through compensation
- Shares owned after transaction: Not disclosed in the provided filing summary
- Filing timeliness: Report filed 2026-02-04 for a 2026-02-03 transaction (no late filing indicated)
- No footnotes (e.g., 10b5-1, tax withholding) were reported in the summary provided
Context
Director awards are commonly part of routine compensation and are not the same as open-market purchases that might signal personal bullishness. This transaction simply reflects a grant of company stock to a board member; it should be considered alongside other insider activity and company fundamentals for investment decisions.