First Internet Bancorp (INBK) CFO receives 4,620-share RSU equity award

Rhea-AI Filing Summary

First Internet Bancorp Executive Vice President & CFO Kenneth J. Lovik reported an equity award of 4,620 shares of common stock on January 20, 2026. The filing explains this represents a grant of restricted stock units (RSUs) under the First Internet Bancorp 2022 Equity Incentive Plan, with the RSUs scheduled to vest in substantially equal annual installments on January 31, 2027, January 31, 2028, and January 31, 2029.

After this grant, Lovik beneficially owns 52,849 shares of First Internet Bancorp common stock in direct form, which includes 328 shares acquired between February 28, 2025 and January 15, 2026 through the company’s Employee Stock Purchase Plan. The grant was reported at a price of $0 per share, reflecting its nature as an equity incentive award rather than an open-market purchase.

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

OMB APPROVAL

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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)
01/20/2026

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	01/20/2026		A		4,620(1)	A	$0	52,849(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents grant of RSUs under the First Internet Bancorp 2022 Equity Incentive Plan. The RSUs are scheduled to vest in substantially equal annual installments on January 31, 2027, January 31, 2028, and January 31, 2029.

2. Includes 328 shares acquired from February 28, 2025 through January 15, 2026 pursuant to the First Internet Bancorp Employee Stock Purchase Plan.

Remarks:

	/s/ Kenneth J. Lovik	01/21/2026
	** 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).
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.

FAQ

What insider transaction did First Internet Bancorp (INBK) report for Kenneth J. Lovik?

The company reported that Executive Vice President & CFO Kenneth J. Lovik received an equity award of 4,620 shares of common stock on January 20, 2026, coded as an acquisition (A) at $0 per share, reflecting a grant rather than a market purchase.

What is the nature of the 4,620-share award reported for INBK’s CFO?

The filing states the 4,620 shares represent a grant of restricted stock units (RSUs) under the First Internet Bancorp 2022 Equity Incentive Plan, awarded as part of equity-based compensation.

When do the RSUs granted to INBK CFO Kenneth J. Lovik vest?

The RSUs are scheduled to vest in substantially equal annual installments on January 31, 2027, January 31, 2028, and January 31, 2029, spreading the vesting over three years.

How many First Internet Bancorp (INBK) shares does the CFO beneficially own after this transaction?

Following the reported grant, Kenneth J. Lovik beneficially owns 52,849 shares of First Internet Bancorp common stock in direct form, as disclosed in the filing.

What role did the Employee Stock Purchase Plan play in INBK CFO’s holdings?

The filing notes that Lovik’s total includes 328 shares acquired from February 28, 2025 through January 15, 2026 under the First Internet Bancorp Employee Stock Purchase Plan, in addition to the RSU grant.

Is this INBK insider transaction a purchase or a compensation grant?

The transaction is reported with a price of $0 per share and described as a grant of RSUs under the company’s equity incentive plan, indicating it is compensation-related rather than an open-market purchase or sale.