FITZPATRICK DANIEL B purchased ~$149K in 1st Source Corporation stock
1st Source Corporation (SRCE) · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
90-day return
+22.8%
Trade Details · Public SEC Filing
Insider
FITZPATRICK DANIEL B
Role
—
Transaction
Open-Market Purchase
Approx. Value
~$149K
Trade Date
May 29, 2024
Company
1st Source Corporation
Ticker
SRCESource
SEC EDGAR Form 4
Why This Trade Stands Out
Very Strong conviction signal
Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.
~$149K purchase
A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.
+22.8% in 90 days
Measured from trade date to 90 days later. We track the performance of every insider trade to identify which insiders consistently make profitable moves.
How good is FITZPATRICK DANIEL B at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
On May 29, 2024, FITZPATRICK DANIEL B — a corporate insider at 1st Source Corporation — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$149K in 1st Source Corporation (SRCE) stock.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
In the 90 days following this trade, SRCE returned +22.8%
VeritySignals Conviction Analysis
Full Conviction Analysis
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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More SRCE Insider Activity
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What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
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