1st Source Corp (SRCE) director awarded 250-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
1ST SOURCE CORP director Daniel B. Fitzpatrick received a grant of 250 shares of Common Stock. The award was recorded at a price of $73.49 per share and is classified as a grant, award, or other acquisition rather than an open-market purchase. Following this grant, Fitzpatrick directly holds 49,329 shares of 1ST SOURCE CORP common stock, indicating a relatively small, compensation-related increase to his existing ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FITZPATRICK DANIEL B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250 | $73.49 | $18K |
Holdings After Transaction:
Common Stock — 49,329 shares (Direct, null)
Footnotes (1)
Key Figures
Stock grant size: 250 shares
Grant price per share: $73.49 per share
Shares held after grant: 49,329 shares
+1 more
4 metrics
Stock grant size
250 shares
Common Stock grant to director on 2026-06-03
Grant price per share
$73.49 per share
Recorded transaction price for the 250-share award
Shares held after grant
49,329 shares
Director’s direct Common Stock holdings following the transaction
Transaction code
Code A (grant, award, or other acquisition)
Indicates compensation-related acquisition, not open-market buying
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did 1ST SOURCE CORP (SRCE) report for Daniel B. Fitzpatrick?
1ST SOURCE CORP reported that director Daniel B. Fitzpatrick received a grant of 250 shares of Common Stock. The transaction is categorized as a grant, award, or other acquisition rather than an open-market trade, reflecting routine equity-based compensation for his board role.
At what price was Daniel B. Fitzpatrick’s 1ST SOURCE CORP stock grant recorded?
The 250-share stock grant to Daniel B. Fitzpatrick was recorded at $73.49 per share. This value represents the transaction price per share used in the Form 4 and helps quantify the size of the compensation-related equity award disclosed for the director.
Is Daniel B. Fitzpatrick’s 1ST SOURCE CORP transaction an open-market buy or a stock award?
The transaction is a stock award, classified as a grant, award, or other acquisition under code A on Form 4. It is not an open-market purchase, but instead reflects routine equity compensation granted to Daniel B. Fitzpatrick in his capacity as a director.
Does the Form 4 show any stock sales by Daniel B. Fitzpatrick in 1ST SOURCE CORP?
The Form 4 shows no stock sales for Daniel B. Fitzpatrick. It reports only one transaction: a grant of 250 shares of Common Stock, classified as an acquisition, with no dispositions or open-market selling activity disclosed in this particular filing.