First Internet Bancorp (NASDAQ: INBK) CFO forfeits 1,116 shares

Rhea-AI Filing Summary

First Internet Bancorp Executive Vice President and CFO Kenneth J. Lovik reported a routine insider transaction involving company common stock. On 01/31/2026, 1,116 shares of common stock at $21.79 per share were forfeited to satisfy tax withholding obligations tied to vesting restricted stock units. After this tax-related forfeiture, Lovik directly owned 51,733 shares of First Internet Bancorp common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lovik Kenneth J.

(Last) (First) (Middle)

8701 E. 116TH STREET

(Street)

FISHERS IN 46038

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
First Internet Bancorp [ INBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President & CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/31/2026		A		1,116(1)	D	$21.79	51,733	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares forfeited to satisfy tax withholding obligations in connection with vesting of restricted stock units.

Remarks:

	/s/ Kenneth J. Lovik	02/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did First Internet Bancorp (INBK) CFO Kenneth Lovik report?

Kenneth J. Lovik, Executive Vice President and CFO of First Internet Bancorp, reported a routine insider transaction where 1,116 shares of common stock were forfeited. The forfeiture satisfied tax withholding obligations arising from the vesting of restricted stock units on January 31, 2026.

How many First Internet Bancorp (INBK) shares were forfeited and at what price?

The filing shows that 1,116 shares of First Internet Bancorp common stock were forfeited at a price of $21.79 per share. This transaction is coded as an acquisition in the form but is explained as a forfeiture for tax withholding tied to restricted stock unit vesting.

Why were Kenneth Lovik’s First Internet Bancorp (INBK) shares forfeited?

According to the explanation, the 1,116 shares of First Internet Bancorp common stock were forfeited to satisfy tax withholding obligations. These obligations arose in connection with the vesting of restricted stock units awarded to Executive Vice President and CFO Kenneth J. Lovik.

How many First Internet Bancorp (INBK) shares does Kenneth Lovik own after the transaction?

After the reported transaction, Kenneth J. Lovik beneficially owned 51,733 shares of First Internet Bancorp common stock. The form identifies this entire post-transaction amount as directly held, reflecting his remaining equity position following the tax-related share forfeiture.

Is Kenneth Lovik’s ownership in First Internet Bancorp (INBK) direct or indirect in this Form 4?

The Form 4 identifies Kenneth J. Lovik’s ownership of First Internet Bancorp common stock as direct. Following the tax-related forfeiture of 1,116 shares, his total beneficially owned amount of 51,733 shares is reported as being held in direct form, with no indirect ownership nature indicated.

What role does Kenneth J. Lovik hold at First Internet Bancorp (INBK) in this filing?

In the filing, Kenneth J. Lovik is identified as an officer of First Internet Bancorp, specifically serving as Executive Vice President and Chief Financial Officer. He is not listed as a director or ten percent owner, but as a senior executive reporting his share transaction.