Isaac P. Torres, a director at 1st Source Corp, has reported the acquisition of 158 shares of the company, according to a recent SEC filing.
This transaction, dated November 3, 2026, is significant as it demonstrates Torres' continued investment in 1st Source Corp, a player in the state commercial banking sector.
Background
1st Source Corp operates under the SIC code 6022, which pertains to state commercial banks. The company is based in South Bend, Indiana, and is listed under the ticker symbol SRCE.
What the Filing Says
The filing details that Torres acquired the shares at a price of $88.13 each, bringing his total ownership to 12,874 shares following the transaction. The filing states, "transaction code A" indicating an acquisition.
Impact
This acquisition may influence other stakeholders and investors in 1st Source Corp, as insider transactions can often signal confidence in the company's future performance.
What's Next
The filing does not say what happens next.
Ownership Details
The filing indicates that Isaac P. Torres holds a direct ownership of the shares acquired, as denoted by the code 'D' in the ownership nature section. This reinforces his personal stake in the company, which may reflect his confidence in its future prospects.
Company Information
1st Source Corp was previously known as FBT Bancorp Inc, with the name change occurring on August 18, 1982. The company is incorporated in Indiana and has a fiscal year ending on December 31.
Contact Information
The business address for 1st Source Corp is located at 100 North Michigan Street, South Bend, Indiana, 46601. The company can be reached at the business phone number 574-235-2702.
Filing Specifics
This Form 4 was filed on November 4, 2026, and is part of the ongoing regulatory requirements under the SEC Act of 1934. The accession number for this filing is 0001924666-26-000008.
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