SRCE Form 4: Director Isaac Torres acquires 230 shares at $60.68
1st Source Corp (SRCE) Form 4: Director Isaac P. Torres reported an insider acquisition dated 08/04/2025.
Rhea-AI Filing Summary
1st Source Corp (SRCE) Form 4: Director Isaac P. Torres reported an insider acquisition dated 08/04/2025. Using transaction code “A”, he acquired 230 shares of SRCE common stock at $60.68 per share. After this purchase, Torres holds 10,531 shares directly. No derivative security activity or additional transactions were disclosed.
Positive
- None.
Negative
- None.
Insights
TL;DR: Filing shows a single 230-share acquisition by a director; event appears routine with limited immediate impact.
The Form 4 reveals only one transaction: Isaac P. Torres, identified as a Director, added 230 common shares at $60.68 on 08/04/2025, bringing his direct holdings to 10,531. No derivatives or multiple reporting persons are involved. The data indicates compliance with Section 16 reporting requirements and does not show any material change in ownership concentration or control. Given the modest share count and absence of other noteworthy details, the market impact is likely neutral. Investors may note the insider’s continued ownership but should not infer broader strategic signals from the limited information provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 230 | $60.68 | $14K |
FAQ
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Who filed the latest Form 4 for SRCE?
What was the purchase price disclosed in the Form 4?
What is Torres’ total direct ownership after the transaction?
Were any derivative securities involved in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.