Todd F. Schurz has made a notable investment by acquiring 158 shares of common stock in 1st Source Corp. This transaction took place on November 3, 2026, and brings his total ownership to 16,124 shares. Such moves are significant as they reflect the confidence of insiders in their company's prospects.

Background

1st Source Corp operates within the state commercial banks sector, classified under the SIC code 6022. The company is incorporated in Indiana and has its headquarters located at 100 North Michigan Street, South Bend, IN. It trades under the symbol SRCE. Recent filings show that Schurz has been actively managing his stock holdings, indicating a commitment to the company's growth.

What the Filing Says

According to the recent SEC filing, Schurz's transaction was coded as an acquisition (transaction code 'A') at a price of $88.13 per share. Following this transaction, he now owns a total of 16,124 shares of 1st Source Corp.

Impact

This acquisition may impact the perception of 1st Source Corp among investors and analysts, as insider buying is often viewed as a positive signal. Schurz's role as a director at the company adds to the weight of this transaction, as it demonstrates his belief in the company's future performance.

What's Next

The filing does not say what happens next.