STOCK TITAN

1st Source Corp (SRCE) director granted 1,338 shares of Common Stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SCHWABERO MARK D reported acquisition or exercise transactions in this Form 4 filing.

1st Source Corp director Mark D. Schwabero received a grant of 1,338 shares of Common Stock as compensation. The shares were awarded on June 3, 2026 at a value of $73.49 per share. After this grant, he directly holds 30,168 shares of the company’s common stock, showing an increase in his equity stake through a non-market award rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider SCHWABERO MARK D
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,338 $73.49 $98K
Holdings After Transaction: Common Stock — 30,168 shares (Direct, null)
Footnotes (1)
Shares granted 1,338 shares Common Stock award on June 3, 2026
Grant value per share $73.49 per share Value used for the equity award
Shares owned after grant 30,168 shares Direct holdings following the transaction
Transaction code Code A (grant/award acquisition) Indicates compensation-related share award
Common Stock financial
"1,338 shares of Common Stock as compensation."
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 acquisition financial
"The transaction was coded as a grant/award acquisition of shares."
Form 4 regulatory
"disclosed in the Form 4 insider filing."
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.
transaction code A regulatory
"Transaction code A in the Form 4 for Mark D. Schwabero indicates a grant"
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SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
SCHWABERO MARK D

(Last)(First)(Middle)
PO BOX 1602

(Street)
SOUTH BEND INDIANA 46634

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
1ST SOURCE CORP [ SRCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026A1,338A$73.4930,168D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Brian S. Duba, Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did 1st Source Corp (SRCE) report for Mark D. Schwabero?

1st Source Corp reported that director Mark D. Schwabero received a grant of 1,338 shares of Common Stock. The transaction was coded as an award, meaning it was compensation rather than an open-market purchase or sale, and increased his direct share ownership.

Was the SRCE insider transaction by Mark D. Schwabero a purchase or a grant?

The transaction for Mark D. Schwabero was a grant or award acquisition of shares, not an open-market purchase. It is classified under code A, indicating compensation-related stock granted by the company instead of shares bought on the stock market.

How many SRCE shares does Mark D. Schwabero own after the reported grant?

After receiving the 1,338-share grant, Mark D. Schwabero directly holds 30,168 shares of 1st Source Corp Common Stock. This figure represents his direct ownership position following the compensation-related award disclosed in the Form 4 insider filing.

At what price was the SRCE share grant to Mark D. Schwabero valued?

The 1,338-share grant to Mark D. Schwabero was valued at $73.49 per share. This price represents the per-share value used for the compensation award and helps indicate the overall dollar value of the equity granted to the director.

What does transaction code A mean in the SRCE Form 4 for Mark D. Schwabero?

Transaction code A in the Form 4 for Mark D. Schwabero indicates a grant, award, or other acquisition of shares. This code shows the shares were issued as compensation by 1st Source Corp, rather than being bought or sold in open-market trading.