undamentalytics Newsletter

First Internet Bancorp insider trading

Every open-market purchase and sale by First Internet Bancorp's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
First Internet Bancorp insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following First Internet Bancorp’s insiders pay?

From March 27, 2013 to February 26, 2026, 13 insiders reported 64 open-market purchases and 1 sale not made under a pre-set plan in First Internet Bancorp. Twelve months after each purchase was reported, the shares were +28.9% against the S&P 500 on average (median +23.4%), over 59 purchases with a full year of prices; 53% beat the index. After sales, the shares moved −40.9% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on March 28, 2013 into $35,767 by November 2, 2026, +9.8% a year. It held shares 87% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $44,590 (+11.6% a year), and held throughout $60,683 (+14.2%).

$0$20.0k$40.0k$60.0k 2013201520172019202120232025 $60.7k$44.6k$35.8k
Copying First Internet Bancorp's insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by First Internet Bancorp's insiders from March 28, 2013, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 87% of the time.
First Internet Bancorp: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Becker David B Chairman and CEO 15 +2.4% (14) 36% 0 — October 30, 2025
Williams Jerry L. Director 13 +27.5% (13) 54% 1 −40.9% (1) February 10, 2022
Keach John K Jr Director 7 +52.9% (6) 67% 0 — October 30, 2025
Perfetti C. Charles Executive Vice President 6 +50.2% (6) 83% 0 — March 23, 2020
Lorch Nicole S. President & COO 5 +65.3% (4) 75% 0 — November 18, 2025
Dee Ann C. Director 4 +77.8% (3) 67% 0 — November 3, 2025
Bade Aasif M. Director 3 +89.9% (3) 67% 0 — May 12, 2023
Christian Justin P. Director 3 +53.7% (3) 67% 0 — May 15, 2023
Murtlow Ann D. Director 3 −58.4% (3) 0% 0 — August 28, 2013
Whitney Ralph R Jr Director 2 +15.6% (2) 50% 0 — January 29, 2015
Fenech Joseph A. Director 1 — — 0 — February 26, 2026
Lovejoy David R. Director 1 −41.9% (1) 0% 0 — December 2, 2013
Whitaker Kay E. SVP-Finance, CFO & Secretary 1 −41.9% (1) 0% 0 — December 2, 2013

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded First Internet Bancorp

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of First Internet Bancorp in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 12 buying crowds with six months of prices, it averaged −10.5% against the index. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
October 31, 20252 buying+24.2%+36.6%not yet
March 31, 20234 buying−16.8%−7.2%+66.8%
October 31, 20223 buying−2.0%−61.3%−47.0%
May 31, 20222 buying−1.1%−31.3%−71.8%
March 31, 20205 buying−18.6%−40.7%+60.8%
December 31, 20182 buying−18.3%−18.1%−13.9%
July 31, 20182 buying−15.1%−33.7%−42.1%
September 29, 20172 buying+11.5%+7.1%−26.3%
January 30, 20152 buying+37.4%+81.8%+73.0%
July 31, 20142 buying−0.2%−13.3%+60.3%
December 31, 20137 buying−0.9%−10.5%−38.1%
August 30, 20132 buying−24.0%−34.8%−63.7%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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