STOCK TITAN

Director at First Internet Bancorp (INBK) granted additional company shares

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

Rhea-AI Filing Summary

First Internet Bancorp director Dee Ann C. reported a compensation-related stock grant on Common Stock. She acquired 2,416 restricted shares at no cost, scheduled to vest the earlier of May 18, 2027 or immediately before the company’s next annual shareholders’ meeting. After this award, she holds 19,532 shares in total, including 46 shares accumulated through the company’s Dividend Reinvestment and Stock Purchase Plan.

Positive

  • None.

Negative

  • None.
Insider Dee Ann C.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,416 $0.00 --
Holdings After Transaction: Common Stock — 19,532 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 46 shares acquired between January 16, 2026 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 at $0.00 per share
Holdings after transaction 19,532 shares Total Common Stock owned by director after grant
Dividend plan shares 46 shares Acquired between Jan 16, 2026 and May 18, 2026 via dividend reinvestment plan
Vesting date trigger May 18, 2027 Restricted stock vests the earlier of this date or before next annual meeting
Restricted stock award financial
"Restricted stock award scheduled to vest the earlier of May 18, 2027"
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 46 shares acquired ... 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Dee Ann C.

(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$019,532(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 46 shares acquired between January 16, 2026 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 Ann Dee (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)

FAQ

What did the Form 4 for First Internet Bancorp (INBK) director report?

The Form 4 reports that director Dee Ann C. received a grant of 2,416 shares of First Internet Bancorp Common Stock as a restricted stock award, increasing her total holdings to 19,532 shares, including shares accumulated through the company’s Dividend Reinvestment and Stock Purchase Plan.

How many First Internet Bancorp (INBK) shares did the director acquire?

The director acquired 2,416 shares of First Internet Bancorp Common Stock as a restricted stock award. These shares were granted at a price of $0.00 per share as part of compensation, rather than being purchased in the open market like a typical investor transaction.

When do the newly granted INBK restricted shares vest for the director?

The 2,416 restricted shares are scheduled to vest on the earlier of May 18, 2027 or immediately prior to First Internet Bancorp’s next annual shareholders’ meeting. Vesting means the director will fully earn and own these shares once that condition is satisfied.

What are the director’s total INBK share holdings after this transaction?

Following the restricted stock grant, the director beneficially owns 19,532 shares of First Internet Bancorp Common Stock. This total includes the 2,416 newly granted restricted shares and 46 shares accumulated through the company’s Dividend Reinvestment and Stock Purchase Plan over earlier 2026 dates.

Were any First Internet Bancorp (INBK) shares sold in this Form 4 filing?

No shares were sold in this Form 4. The filing only shows an acquisition via a restricted stock award, coded as a grant or award transaction. It reflects a compensation-related increase in the director’s holdings rather than an open-market purchase or sale activity.

What does the Dividend Reinvestment and Stock Purchase Plan mean for INBK investors?

The Dividend Reinvestment and Stock Purchase Plan allows participants to automatically reinvest dividends into additional First Internet Bancorp shares. The filing notes the director accumulated 46 shares under this plan between January 16, 2026 and May 18, 2026, indicating ongoing reinvestment activity.