1st Source finalizes employment agreements for four top executives with base salaries from $400K-$750K

1ST SOURCE CORP

Chris Murphy III named Executive Chairman with $750K base salary from Jan 2026; 10,000 share stock award.
Andrea Short as President/CEO with $650K base salary from Jan 2026; term to Dec 2030.
Kevin Murphy as EVP/President of Bank with $450K base salary from Jan 2026; term to Dec 2028.
Brett Bauer as EVP/CFO with $400K base salary from Jan 2026; term to Dec 2026.
Executives receive severance of 6x monthly base salary plus 30-month installments (2.99x on change in control).

item 5.02item 9.01

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