STOCK TITAN

Director Isaac P. Torres receives 1,583-share stock grant at 1ST SOURCE (SRCE)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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 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)
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
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”"
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SEC Form 4
FORM 4UNITED 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*
Torres Isaac P.

(Last)(First)(Middle)
PO BOX 1602

(Street)
SOUTH BEND INDIANA 46634

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
1ST SOURCE CORP [ SRCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026A1,583A$73.4912,561D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Brian S. Duba, Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

At what price were the SRCE shares valued in Isaac P. Torres’s Form 4 grant?

The 1,583 granted shares were reported at $73.49 per share. This price functions as the reference value for the award on the transaction date, helping investors understand the scale of the compensation reported in the Form 4 filing.

How many 1ST SOURCE CORP (SRCE) shares does Isaac P. Torres hold after this grant?

Following the 1,583-share grant, Isaac P. Torres directly holds 12,561 shares of 1ST SOURCE CORP Common Stock. This post-transaction figure in the Form 4 provides context for his total direct equity exposure to the company after the reported award.

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.