1st Source (SRCE) Form 4: Director Ozark Increases Stake by 0.6%

Rhea-AI Filing Summary

Director Timothy K. Ozark reported buying 313 shares of 1st Source Corp. (SRCE) common stock on 08/04/2025 at $60.68 per share, an outlay of roughly $19,000. The transaction is coded “A,” indicating a voluntary acquisition rather than a grant. Ozark’s direct ownership rises to 49,829 shares; no derivative positions or sales were disclosed. The Form 4 was signed on 08/06/2025 and lists no 10b5-1 trading plan election.

Positive

• Director increased personal stake by 313 shares, signalling confidence and aligning interests with shareholders.

Negative

• None.

Insights

Financial Analyst

TL;DR: Minor insider buy; positive signal but immaterial to valuation.

The 313-share purchase adds only 0.6% to Ozark’s stake and is immaterial versus SRCE’s 25 M-share float. Nonetheless, insider purchases typically align interests and can bolster investor sentiment. No sales or derivatives soften downside concerns, but the dollar value (~$19k) is too small to alter earnings outlook or capital structure. I classify the market impact as negligible.

Corporate Governance Specialist

TL;DR: Routine Form 4; governance implications neutral.

The filing shows compliance with SEC Section 16 reporting and indicates continued board-level equity alignment. Absence of a Rule 10b5-1 plan suggests discretionary timing; however, the modest size limits governance-risk insights. No red flags detected, but no material governance enhancement either.

SEC Form 4

FORM 4

UNITED 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^*

OZARK TIMOTHY K

(Last) (First) (Middle)

333 N. CANAL ST

UNIT 3605

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
1ST SOURCE CORP [ SRCE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/04/2025		A		313	A	$60.68	49,829	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ John B. Griffith, Attorney-in-Fact	08/06/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many shares did SRCE director Timothy Ozark purchase?

He bought 313 common shares.

What price did the SRCE insider pay for the shares?

The reported purchase price was $60.68 per share.

What is Ozark's total direct ownership after the transaction?

He now directly holds 49,829 SRCE shares.

Were any derivative securities reported in this Form 4?

No, the filing lists no derivative positions or transactions.

Did the insider act under a Rule 10b5-1 trading plan?

The filing does not indicate that the Rule 10b5-1 box was checked, implying no plan was in place.