1st Source Corp (SRCE) director granted 1,338 shares of Common Stock
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
Key Figures
Shares granted: 1,338 shares
Grant value per share: $73.49 per share
Shares owned after grant: 30,168 shares
+1 more
4 metrics
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
Key Terms
Common Stock, grant/award acquisition, Form 4, transaction code A
4 terms
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"
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.
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.