Dimensional Fund Advisors (INBK) discloses 5% ownership in First Internet Bancorp
Rhea-AI Filing Summary
Dimensional Fund Advisors LP has filed an amended Schedule 13G reporting beneficial ownership of 431,583 shares of First Internet Bancorp common stock, representing 5.0% of the class as of the date of the event on 12/31/2025. Dimensional reports sole voting power over 421,984 shares and sole dispositive power over 431,583 shares, with no shared voting or dispositive power.
The filing explains that all of these shares are actually owned by various funds and accounts (the “Funds”) for which Dimensional or its subsidiaries act as investment adviser or manager, and Dimensional disclaims beneficial ownership of the securities beyond what is required for Section 13(d) reporting. Dimensional also certifies that the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of First Internet Bancorp.
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FAQ
What ownership stake does Dimensional Fund Advisors report in INBK?
Dimensional Fund Advisors LP reports beneficial ownership of 431,583 shares of First Internet Bancorp common stock, representing 5.0% of the class as of the 12/31/2025 event date.
How much voting and dispositive power does Dimensional have over INBK shares?
Dimensional reports sole voting power over 421,984 shares and sole dispositive power over 431,583 shares of First Internet Bancorp, with no shared voting or dispositive power.
Who actually owns the First Internet Bancorp shares reported by Dimensional?
According to Note 1, all reported securities are owned by various Funds—investment companies, commingled funds, group trusts, and separate accounts—for which Dimensional or its subsidiaries act as adviser or manager. Dimensional disclaims beneficial ownership of these securities.
Is Dimensional Fund Advisors seeking to influence control of First Internet Bancorp?
No. Dimensional certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose or effect of changing or influencing the control of First Internet Bancorp.
What type of reporting person is Dimensional Fund Advisors in this filing?
Dimensional Fund Advisors LP is identified as an investment adviser and is registered under Section 203 of the Investment Advisers Act of 1940. The filing is made on Schedule 13G/A for First Internet Bancorp common stock.
Does any single Dimensional-managed fund hold more than 5% of INBK?
The filing states that the Funds have rights to dividends and sale proceeds for the securities in their accounts, and to Dimensional’s knowledge, the interest of any one such Fund does not exceed 5% of the class of First Internet Bancorp securities.