secwatch.observer — SEC 8-K summary
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Issuer:     1ST SOURCE CORP (SRCE)
CIK:        0000034782
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0000034782-25-000082
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1st Source names Andrea Short CEO; Chris Murphy III becomes Executive Chairman effective Oct 1
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- Christopher J. Murphy III steps down as CEO, becomes Executive Chairman of 1st Source Corp and Bank effective Oct 1, 2025.
- Andrea G. Short promoted to CEO of 1st Source Corp; she remains President of Corp and CEO of 1st Source Bank.
- Kevin C. Murphy promoted to President of 1st Source Bank; he remains EVP of the Corp and is son of Chris Murphy III.
- Brett A. Bauer promoted to Executive Vice President, CFO and Treasurer of Corp and Bank.
- Company has $9.1 billion in assets; succession designed as multi-year strategy for continuity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34782/000003478225000082/0000034782-25-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34782/000003478225000082/source-20250724.htm
  HTML page:      https://secwatch.observer/filing/0000034782-25-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer