Director Isaac P. Torres receives 1,583-share stock grant at 1ST SOURCE (SRCE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Torres Isaac P. reported acquisition or exercise transactions in this Form 4 filing.
1ST SOURCE CORP director Isaac P. Torres received a grant of 1,583 shares of Common Stock, increasing his direct holdings to 12,561 shares. The shares were awarded at a reference price of $73.49 per share and are reported as a grant or award, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Torres Isaac P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,583 | $73.49 | $116K |
Holdings After Transaction:
Common Stock — 12,561 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 1,583 shares
Grant reference price: $73.49 per share
Shares held after: 12,561 shares
+1 more
4 metrics
Shares granted
1,583 shares
Common Stock grant to director Isaac P. Torres on June 3, 2026
Grant reference price
$73.49 per share
Reported transaction price for the stock award
Shares held after
12,561 shares
Total direct holdings following the reported grant
Transaction code
A
Classified as Grant, award, or other acquisition
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4, transaction code A
4 terms
Common Stock financial
"1ST SOURCE CORP Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
Form 4 regulatory
"The filing classifies this as a grant or award acquisition in Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code A regulatory
"The Form 4 uses transaction code A, described as “Grant, award, or other acquisition”"
FAQ
What insider transaction did 1ST SOURCE CORP (SRCE) director Isaac P. Torres report?
Isaac P. Torres reported receiving a grant of 1,583 shares of 1ST SOURCE CORP Common Stock. The filing classifies this as a grant or award acquisition rather than an open-market trade, reflecting compensation rather than a discretionary share purchase.
Was Isaac P. Torres’s SRCE transaction a market buy or a compensation grant?
The transaction is reported as a grant or award acquisition, not an open-market purchase. The Form 4 uses transaction code A, described as “Grant, award, or other acquisition,” indicating compensation-related stock, not a discretionary market trade in SRCE shares.
Does the Isaac P. Torres Form 4 report any sales of SRCE stock?
The Form 4 shows only one transaction: a grant of 1,583 shares, classified as an acquisition. The transaction summary indicates no sales, dispositions, or derivative exercises, underscoring that this filing reflects a single compensation-related stock award.