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First Internet Bancorp (INBK) director receives 2,416-share restricted stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

First Internet Bancorp director Jean L. Wojtowicz received a grant of 2,416 shares of common stock as a restricted stock award. The award carries no cash purchase price and is scheduled to vest on the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting. Following this award, Wojtowicz directly holds 42,421 common shares, which includes 377 shares acquired through the company’s Dividend Reinvestment and Stock Purchase Plan between July 15, 2025 and May 18, 2026.

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Insider WOJTOWICZ JEAN L
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,416 $0.00 --
Holdings After Transaction: Common Stock — 42,421 shares (Direct, null)
Footnotes (1)
  1. Restricted stock award scheduled to vest the earlier of May 18, 2027 or immediately prior to the Company's next annual shareholders' meeting. Includes 377 shares acquired between July 15, 2025 and May 18, 2026 pursuant to the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan.
Restricted stock grant 2,416 shares Common Stock award on May 18, 2026
Grant price $0.00 per share Compensation-related award, not market purchase
Shares held after grant 42,421 shares Total direct common stock holdings post-transaction
Vesting date May 18, 2027 Or immediately prior to next annual shareholders’ meeting
DRIP acquisitions 377 shares Acquired via Dividend Reinvestment and Stock Purchase Plan between July 15, 2025 and May 18, 2026
Restricted stock award financial
"Restricted stock award scheduled to vest the earlier of May 18, 2027 or immediately prior to the Company's next annual shareholders' meeting."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Dividend Reinvestment and Stock Purchase Plan financial
"Includes 377 shares acquired between July 15, 2025 and May 18, 2026 pursuant to the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan."
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
WOJTOWICZ JEAN L
(Last)(First)(Middle)
8701 E. 116TH STREET
(Street)
FISHERS INDIANA 46038
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
First Internet Bancorp [ INBK ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/18/2026A2,416(1)A$042,421(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock award scheduled to vest the earlier of May 18, 2027 or immediately prior to the Company's next annual shareholders' meeting.
2. Includes 377 shares acquired between July 15, 2025 and May 18, 2026 pursuant to the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan.
Remarks:
/s/ Kenneth J. Lovik, Attorney-in-Fact for Jean L. Wojtowicz (power of attorney previously filed)05/19/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did INBK director Jean L. Wojtowicz report in this Form 4?

Director Jean L. Wojtowicz reported receiving a grant of 2,416 shares of First Internet Bancorp common stock as a restricted stock award, with no cash purchase price, increasing her directly held position disclosed in the filing.

How many INBK shares were granted to Jean L. Wojtowicz?

The filing shows a restricted stock grant of 2,416 shares of First Internet Bancorp common stock. These shares were awarded at a reported price of $0.00 per share as part of director compensation, rather than purchased in the open market.

When does Jean L. Wojtowicz’s restricted stock award in INBK vest?

The restricted stock award is scheduled to vest on the earlier of May 18, 2027 or immediately prior to First Internet Bancorp’s next annual shareholders’ meeting, according to the footnote disclosure in the Form 4.

How many INBK shares does Jean L. Wojtowicz hold after this transaction?

After the restricted stock grant, Jean L. Wojtowicz directly holds 42,421 shares of First Internet Bancorp common stock, as reported in the Form 4’s post-transaction ownership column for non-derivative securities.

What is the role of the dividend reinvestment plan in Wojtowicz’s INBK holdings?

A footnote states that 377 of the reported shares were acquired between July 15, 2025 and May 18, 2026 through the First Internet Bancorp Dividend Reinvestment and Stock Purchase Plan, reflecting automatic reinvestment of dividends and stock purchases.

Was this INBK Form 4 transaction a market purchase or sale?

The Form 4 characterizes the transaction as a grant or award acquisition, not a market trade. The transaction code is "A" and the price per share is reported as $0.00, indicating compensation-related restricted stock rather than an open-market purchase or sale.