First Internet B SEC Filings

First Internet Bancorp (INBK) reported an insider purchase. Director John K. Keach, Jr. bought 2,000 shares of common stock on 10/28/2025 at $19.34 per share. Following this transaction, he beneficially owns 37,046 shares, held directly. The total includes 97 shares acquired between July 16, 2025 and October 16, 2025 through the company’s Dividend Reinvestment and Stock Purchase Plan.

First Internet Bancorp (INBK) reported an insider transaction: Chairman and CEO David B. Becker, also a Director, purchased 5,000 shares of common stock on 10/29/2025 at a weighted-average price of $18.67 (Code P).

Following this transaction, Becker beneficially owned 419,194 shares, held directly. The filing notes the purchase price reflects trades between $18.60 and $18.69. Reported holdings include shares acquired from January 15, 2025 through October 15, 2025 via the company’s Dividend Reinvestment and Stock Purchase Plan (2,059 shares) and Employee Stock Purchase Plan (817 shares).

First Internet Bancorp furnished its quarterly results announcement and set a discussion schedule, while authorizing a new share repurchase program. The company will host a conference call and webcast to review results for the quarter ended September 30, 2025, on October 23, 2025, at 2:00 p.m. Eastern, with slides accompanying.

The Board authorized the repurchase of up to $25.0 million of common stock, to be executed from time to time in the open market or via privately negotiated transactions. The authorization is scheduled to expire on September 30, 2027 and may be modified, suspended, or discontinued at any time. Repurchases may be conducted under one or more written plans intended to satisfy the affirmative defense condition of Rule 10b5-1. The press release (Exhibit 99.1) and presentation slides (Exhibit 99.2) are furnished and not filed.

First Internet Bancorp disclosed that its bank subsidiary entered into an agreement with Blackstone Real Estate Debt Strategies affiliates to sell a performing single-tenant lease financing loan portfolio. The Agreement allowed sale of up to $869 million aggregate principal balance; following satisfaction of closing conditions the Bank completed a Sale of $836.9 million aggregate principal balance for net proceeds, after transaction costs, of $794.2 million.

The filing states $27.9 million of the Portfolio remains under review and may be sold later under the Agreement. The Company also entered into a servicing agreement under which it will continue to provide loan servicing and other administrative services for the loans sold. The summary in the filing is qualified by reference to the full Agreement, filed as an exhibit.

First Internet Bancorp announced a quarterly cash dividend of $0.06 per common share via a press release dated September 16, 2025. The disclosure is furnished as Exhibit 99.1 to an 8-K and the company specifies that the information is being furnished, not filed, which limits its incorporation by reference into future SEC filings. No additional financial details, dividend record date, payable date, or commentary on capital impact were included in the furnished item.

First Internet Bancorp entered an agreement to sell a portfolio of mortgage loans, transferring those loans to held-for-sale status and triggering a material accounting charge. Management expects an after-tax impairment charge of approximately $33.5 million in the quarter ending September 30, 2025, reflecting the gap between the portfolio's book value and the agreed sale price. Upon closing, roughly $550 million of deposit balances are expected to move off the company's balance sheet, which the company says will modestly increase its tangible common equity ratio. The company will continue to service the loans under a servicing agreement and expects remaining proceeds to fund near-term loan growth; final realized gain or loss will be reported with quarter-end financials.