1ST SOURCE director granted 1,515 SRCE shares
1ST SOURCE CORP director Todd F. Schurz received an award of 1,515 shares of Common Stock on June 3, 2026.
Rhea-AI Filing Summary
1ST SOURCE CORP director Todd F. Schurz received an award of 1,515 shares of Common Stock on June 3, 2026. The filing classifies this as a grant or other acquisition rather than an open-market purchase. After this award, Schurz directly holds a total of 15,811 shares.
Positive
- None.
Negative
- None.
Insights
Director received a modest stock grant, a routine compensation event.
Director Todd F. Schurz was granted 1,515 shares of 1ST SOURCE CORP Common Stock at a reference price of $73.49 per share. The transaction is coded as a grant or award, indicating compensation rather than a market trade.
Following the grant, Schurz holds 15,811 shares directly, so this award represents a relatively small incremental increase in his ownership. With no derivative positions reported and no sales activity, the filing reflects standard equity-based compensation, with limited implications for broader shareholder sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,515 | $73.49 | $111K |
Key Figures
Key Terms
Common Stock financial
Grant, award, or other acquisition financial
non-derivative financial
FAQ
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What did 1ST SOURCE CORP director Todd F. Schurz report in this Form 4 for SRCE?
Does the Todd F. Schurz Form 4 for SRCE show any stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.