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1st Source (SRCE) EVP receives 4,468-share equity stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

1st Source Corporation Executive Vice President Jeffrey L. Buhr received an equity award of 4,468 shares of common stock on February 17, 2026, classified as a grant or other acquisition. The shares were awarded at no stated purchase price, reflecting compensation rather than an open-market purchase.

After this award, Buhr directly holds 72,898 common shares. He also indirectly holds 5,948 shares through a 401(k) plan, based on a statement dated December 31, 2025, which notes that he acquired 218 shares under the plan during 2025.

Positive

  • None.

Negative

  • None.
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*
Buhr Jeffrey L

(Last) (First) (Middle)
P.O. BOX 1602

(Street)
SOUTH BEND IN 46634

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 A(1) 4,468 A $0 72,898 D
Common Stock 5,948(2) I By 401(k)
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:
1. EIP awards for 2025.
2. Between January 1, 2025 and December 31, 2025, Mr. Buhr acquired 218 shares of 1st Source Corporation common stock under the 401(k) plan. The information in this report is based on a plan statement dated December 31, 2025.
Remarks:
/s/ Brian S. Duba, Attorney-in-Fact 02/18/2026
** 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

What did 1st Source (SRCE) Executive Vice President Jeffrey Buhr report on this Form 4?

Jeffrey L. Buhr reported receiving a grant of 4,468 shares of 1st Source common stock as an equity award. The transaction was coded as a grant or other acquisition, meaning it reflects compensation rather than an open-market share purchase.

How many 1st Source (SRCE) shares does Jeffrey Buhr own after the reported award?

After the equity award, Jeffrey Buhr directly owns 72,898 shares of 1st Source common stock. He also indirectly holds 5,948 shares through a 401(k) plan, according to a plan statement dated December 31, 2025 included in the filing footnotes.

Was the 4,468-share transaction for 1st Source (SRCE) an open-market buy or a grant?

The 4,468-share transaction is classified as a grant, award, or other acquisition, not an open-market purchase. It carries a per-share price of $0.0000, indicating stock-based compensation, described in the footnotes as an EIP award for the 2025 period.

What does the Form 4 reveal about Jeffrey Buhr’s 401(k) holdings in 1st Source (SRCE)?

The filing shows Buhr indirectly owns 5,948 1st Source shares through a 401(k) plan. A footnote explains that between January 1 and December 31, 2025, he acquired 218 shares under the 401(k), based on a statement dated December 31, 2025.

What transaction code is used for Jeffrey Buhr’s 1st Source (SRCE) stock award?

The transaction uses code “A,” which stands for a grant, award, or other acquisition. This indicates the 4,468 shares of 1st Source common stock were awarded as compensation rather than bought or sold in the market, and are held directly by Jeffrey Buhr.
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