1ST SOURCE CORP (SRCE) director details years of dividend-funded share buys

Rhea-AI Filing Summary

1ST SOURCE CORP director Melody Birmingham reported a series of historical open-market purchases of Common Stock, largely funded by cash dividends. The most recent disclosed trade on November 14, 2025 was an open-market purchase of 56.9200 shares at $61.7100 per share, bringing her direct holdings to 9,088.2140 shares.

Across all reported transactions, she has a net buy pattern, with the data summarizing 30 purchase entries totaling about 915.214 shares and no sales. Footnotes explain that some prices for older trades are unavailable, that fractional shares were credited by her brokerage, and that a 189-share adjustment corrects previously understated beneficial ownership without any new transaction.

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
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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^*

BIRMINGHAM MELODY

(Last) (First) (Middle)

PO 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2018

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	08/15/2018		P		0.538(1)	A	$0(2)	8,173.538(3)	D
Common Stock	11/15/2018		P		0.64(1)	A	$0(2)	8,174.178	D
Common Stock	02/14/2019		P		0.712(1)	A	$0(2)	8,174.89	D
Common Stock	05/15/2019		P		0.716(1)	A	$0(2)	8,175.606	D
Common Stock	08/15/2019		P		0.741(1)	A	$0(2)	8,176.347	D
Common Stock	11/15/2019		P		0.705(1)	A	$0(2)	8,177.052	D
Common Stock	02/14/2020		P		0.761(1)	A	$0(2)	8,177.813	D
Common Stock	05/15/2020		P		1.906(1)	A	$0(2)	8,179.719	D
Common Stock	08/14/2020		P		0.963(1)	A	$0(2)	8,180.682	D
Common Stock	11/13/2020		P		0.982(1)	A	$0(2)	8,181.664	D
Common Stock	02/12/2021		P		42.33(1)	A	$0(2)	8,223.994	D
Common Stock	05/14/2021		P		29.635(1)	A	$48.06	8,253.629	D
Common Stock	08/13/2021		P		35.226(1)	A	$47.56	8,288.855	D
Common Stock	11/12/2021		P		34.653(1)	A	$50.84	8,323.508	D
Common Stock	02/16/2022		P		36.376(1)	A	$48.72	8,359.884	D
Common Stock	05/13/2022		P		40.221(1)	A	$44.35	8,400.105	D
Common Stock	08/12/2022		P		38.23(1)	A	$48.5	8,438.335	D
Common Stock	11/10/2022		P		32.41(1)	A	$57.58	8,470.745	D
Common Stock	02/16/2023		P		39.168(1)	A	$49.55	8,509.913	D
Common Stock	05/12/2023		P		47.669(1)	A	$40.98	8,557.582	D
Common Stock	08/11/2023		P		53.488(1)	A	$48.21	8,611.07	D
Common Stock	11/15/2023		P		58.411(1)	A	$47.21	8,669.481	D
Common Stock	02/15/2024		P		56.107(1)	A	$49.5	8,725.588	D
Common Stock	05/15/2024		P		53.336(1)	A	$52.43	8,778.924	D
Common Stock	08/15/2024		P		52.27(1)	A	$57.02	8,831.194	D
Common Stock	11/15/2024		P		46.431(1)	A	$66.53	8,877.625	D
Common Stock	02/14/2025		P		46.773(1)	A	$66.41	8,924.398	D
Common Stock	05/15/2025		P		52.806(1)	A	$62.42	8,977.204	D
Common Stock	08/15/2025		P		54.09(1)	A	$61.31	9,031.294	D
Common Stock	11/14/2025		P		56.92(1)	A	$61.71	9,088.214	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:

1. This Form 4 reports previously unreported open-market purchases of the issuer's common stock made using cash dividends received by the reporting person. Fractional shares were credited by the reporting person's brokerage account.

2. Transaction price information is unavailable for certain historical open market transactions reported on this Form 4.

3. The reporting person conducted a reconciliation of historical brokerage activity and determined that beneficial ownership had been understated by 189 shares in prior filings, beginning with the ownership baseline established at the time of the reporting person's initial Form 3. No transaction occurred in connection with the adjustment. The ownership amount reported herein reflects the reporting person's correct beneficial ownership.

Remarks:

This Form 4 is the first of two Form 4s being filed by the Reporting Person relating to previously unreported open-market purchases of the issuer's common stock made using cash dividends received by the reporting person. The Form 4 has been split into two filings to cover all 31 individual transactions, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions. Each Form 4 will be filed by the Reporting Person.

	/s/ Brian S. Duba, Attorney-in-Fact	03/10/2026
	** 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 insider activity did Melody Birmingham report for 1ST SOURCE CORP (SRCE)?

Director Melody Birmingham reported multiple historical open-market purchases of 1ST SOURCE CORP common stock. These transactions reflect a long-running dividend-funded buying program, with fractional shares credited by her brokerage and no reported sales over the period covered.

How many 1ST SOURCE CORP shares has Melody Birmingham bought according to this Form 4?

The summarized data shows 30 purchase entries totaling approximately 915.214 shares of 1ST SOURCE CORP common stock. All transactions are coded as open-market or private purchases, with no corresponding sales, indicating a consistent net-buy pattern over the disclosed period.

What is Melody Birmingham’s reported beneficial ownership of SRCE shares after these transactions?

After the most recent disclosed transaction on November 14, 2025, Melody Birmingham is shown holding 9,088.2140 shares of 1ST SOURCE CORP common stock directly. This figure incorporates both the historical purchases and a 189-share adjustment that corrected prior underreported ownership.

Were the 1ST SOURCE CORP share purchases by Melody Birmingham linked to dividends?

Yes. A footnote states the reported open-market purchases were made using cash dividends received by Melody Birmingham, with fractional shares credited by her brokerage. This indicates a dividend reinvestment-style pattern rather than large, one-time discretionary stock purchases.

Why are some transaction prices missing in Melody Birmingham’s SRCE Form 4?

A footnote explains that transaction price information is unavailable for certain historical open-market transactions. This reflects incomplete historical brokerage data for older trades, not an absence of purchases, and helps clarify why some entries show a zero price field.

What is the 189-share adjustment mentioned in Melody Birmingham’s ownership of SRCE?

The filing notes that historical brokerage reconciliation showed beneficial ownership understated by 189 shares since her initial Form 3 baseline. No transaction occurred for this adjustment; it simply corrects past reports so the current ownership number accurately reflects her true holdings.

Did Melody Birmingham sell any 1ST SOURCE CORP shares in this Form 4 report?

No. The transaction summary shows 30 buy transactions and zero sales or dispositions. All reported entries are coded as open-market or private purchases of common stock, resulting in a net-buy direction with increased reported beneficial ownership over time.