1st Source CFO Bauer Granted 5,000 Restricted Shares
1st Source Corporation reported that Treasurer and CFO Brett A. Bauer received an award of 5,000 shares of common stock on September 23, 2025 at a price of $0 per share under the 1982 Restricted Stock Award Plan and his employment agreement.
Rhea-AI Filing Summary
1st Source Corporation reported that Treasurer and CFO Brett A. Bauer received an award of 5,000 shares of common stock on September 23, 2025 at a price of $0 per share under the 1982 Restricted Stock Award Plan and his employment agreement. These shares are subject to vesting and continued employment conditions. After this grant, he directly holds 27,687 common shares and indirectly holds 3,024 shares through a 401(k) plan, including 195 shares acquired in 2025 under that plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 1982 Restricted Stock Award Plan (the "Plan") awards pursuant to Employment Agreement dated September 23, 2025 between 1st Source Corporation and Mr. Bauer. Awards are subject to vesting and continued employment requirements as provided in the Plan and Employment Agreement.
- F2. Between January 1, 2025 and December 31, 2025, Mr. Bauer acquired 195 shares of 1st Source Corporation common stock under the 401(k) plan. The information in this report is based on a plan statement dated December 31, 2025.
FAQ
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What insider transaction did SRCE CFO Brett Bauer report on this Form 4?
What are the key terms of Brett Bauer’s restricted stock award from 1st Source (SRCE)?
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