Director at 1st Source (SRCE) adds to stake with share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
1st Source Corp director Melody Birmingham reported an open-market purchase of the company’s common stock. On February 13, 2026, she bought 51.129 shares at a price of $69.14 per share, bringing her direct holdings to 9,139.343 shares.
According to the footnote, this previously unreported trade was funded using cash dividends she received, with fractional shares credited to her brokerage account.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 51.129 shares ($3,535)
Net Buy
1 txn
Insider
BIRMINGHAM MELODY
Role
Director
Bought
51.129 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 51.129 | $69.14 | $4K |
Holdings After Transaction:
Common Stock — 9,139.343 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did 1st Source (SRCE) disclose for Melody Birmingham?
1st Source Corp reported that director Melody Birmingham purchased 51.129 shares of common stock in the open market. The transaction occurred on February 13, 2026, and was executed at a price of $69.14 per share, slightly increasing her direct ownership stake.
Was the 1st Source (SRCE) insider trade by Melody Birmingham a market purchase or another type of transaction?
The transaction is described as an open-market purchase of common stock, coded as a “P” transaction. This means she actively bought 51.129 shares at $69.14 per share, rather than receiving shares through an equity award, option exercise, gift, or restructuring event.
Does the Form 4 for 1st Source (SRCE) show any derivative or option activity for Melody Birmingham?
The filing’s derivative section is empty, indicating no option, warrant, or other derivative transactions were reported for Melody Birmingham. The only activity disclosed is the open-market purchase of 51.129 shares of common stock, resulting in 9,139.343 total shares owned directly afterward.