1st Source Corp (SRCE) director receives 155-share stock award
Rhea-AI Filing Summary
Schurz Todd F. reported acquisition or exercise transactions in this Form 4 filing.
1st Source Corp director Todd F. Schurz received a grant of 155 shares of common stock on August 4, 2026, at a reported value of $89.76 per share. Following this award, he directly holds 15,966 shares of 1st Source common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 155 shares
Net Buy
1 txn
Insider
Schurz Todd F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 155 | $89.76 | $14K |
Holdings After Transaction:
Common Stock — 15,966 shares (Direct)
Key Figures
Shares granted: 155 shares
Grant price per share: $89.76 per share
Shares owned after grant: 15,966 shares
3 metrics
Shares granted
155 shares
Grant, award, or other acquisition on August 4, 2026
Grant price per share
$89.76 per share
Reported value for the awarded common stock
Shares owned after grant
15,966 shares
Direct holdings following the transaction
Key Terms
Grant, award, or other acquisition, non-derivative, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description shows "Grant, award, or other acquisition""
non-derivative financial
"security classified as non-derivative common stock in the transaction"
Common Stock financial
"security_title is listed as Common Stock for this entry"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Todd F. Schurz report at 1st Source Corp (SRCE)?
Todd F. Schurz reported receiving a grant of 155 shares of 1st Source common stock. The award was dated August 4, 2026 at a reported value of $89.76 per share, and reflects a compensation-related acquisition rather than an open-market purchase.
Is Todd F. Schurz a director or officer in the 1st Source Corp (SRCE) Form 4 filing?
Todd F. Schurz is identified as a director of 1st Source Corp in the Form 4. He is not listed as an officer and has no ten percent owner designation, so the reported transaction reflects director-level equity compensation activity.