Insiders Trades
First Internet Bancorp Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 26 Feb 2026.
First Internet Bancorp: what insiders have been doing
Headquartered in Indianapolis, United States, First Internet Bancorp belongs to the Finance & Banking sector and traces its origins to 1996. Filings by its managers are published through SEC (Form 4). 6 insiders have disclosed 9 filings since 18 October 2025.
Not one open-market sale was filed. On the buying side, 5 insiders reported 5 purchases totalling €178k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The buyers include 4 senior executives and 1 chief executive. One trade stands out by size: a purchase of €80k from Becker David B, disclosed on 30 October 2025.
Compared with its exchange (5,458 companies, median 22 filings), a count of 9 filings is below the norm. Looking back to 2016, when coverage begins, insiders filed 25 purchases and 1 sale. The 10-K for the year ended 31 December 2025 shows -35.2 m USD of net income and a dividend of 0.24 USD per share.
In the case of 4 purchases, another manager of the company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. The most recent open-market purchase was published on 26 February 2026, 234 days ago. Typically, a trade is published a median of 1 day after it takes place. The legal deadline for a Form 4 is two business days after the transaction.
Other companies in the same sector with recent insider buying flagged by our signals: First Guaranty Bancshares, Inc. and BCB Bancorp Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Insider Decl.
109
Thresholds
n/a
Buy Volume
€4M
25 ops. · all time
Sell Volume
€74,369
1 ops. · all time
Who traded when
BuySaleAnn C. Dee1 buy
David B. Becker1 buy
JOHN K. KEACH Jr.1 buy
Joseph A. Fenech1 buy
Nicole S. Lorch1 buy
Since the insiders bought
- +19.1%Entry US$20.28 · Close at T+90 US$24.15
- +19.3%Entry US$17.48 · Close at T+90 US$20.86
- +29.0%Entry US$17.83 · Close at T+90 US$23.00
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 22,101 of 24,148 companies
20.5
score / 100
Value29
Quality12
FCF yld0.9%
Earn yld-15%
EV/EBITDA·
ROE-8.3%
Gross mgn·
Net mgn-32%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$27.11
Analyst consensus
5 analystsUS$28.00Target US$30.90(+14%)US$35.00
Income statement
RevenueUS$109.8M
Net income-US$35.2M-57.0% margin
Valuation
PER (forward)6.0x
P/Book0.7x
Beta0.83
Balance sheet & cash
Market capUS$236.8M
Total debtUS$355M
Free Cash FlowUS$2.2M
Profitability & ownership
ROE-8.3%
ROA-0.5%
% insiders14.0%
% institutions72.2%
Last declaration on 26 February 2026
Declarations109 total
1,000 shares@ US$19.83100.0% of flowCommon StockSEC:0001562463-26-000016:0
Canonical exit: 25 May 2026 (T+90)
1,116 shares@ US$21.7913.8% of flowCommon StockSEC:0001562463-26-000012:0
12,566 shares0Common StockSEC:0001562463-26-000002:0
4,620 shares0Common StockSEC:0001562463-26-000004:0
8,084 shares0Common StockSEC:0001562463-26-000003:0
2,000 shares@ US$17.9620.6% of flowCommon StockSEC:0001568480-25-000004:0
Canonical exit: 15 Feb 2026 (T+90)
1,110 shares@ US$17.9417.6% of flowCommon StockSEC:0001665618-25-000005:0
Canonical exit: 28 Jan 2026 (T+90)
5,000 shares@ US$18.673.2% of flowCommon StockSEC:0001166274-25-000003:0
Canonical exit: 27 Jan 2026 (T+90)
2,000 shares@ US$19.3462.2% of flowCommon StockSEC:0001198733-25-000004:0
Canonical exit: 26 Jan 2026 (T+90)
2,287 shares0Common StockSEC:0001562463-25-000057:0
2,287 shares0Common StockSEC:0001562463-25-000054:0
2,287 shares0Common StockSEC:0001562463-25-000056:0
2,287 shares0Common StockSEC:0001562463-25-000058:0
2,287 shares0Common StockSEC:0001562463-25-000052:0
2,287 shares0Common StockSEC:0001562463-25-000055:0
2,287 shares0Common StockSEC:0001562463-25-000053:0
1,028 shares@ US$32.5721.9% of flowCommon StockSEC:0001562463-25-000019:0
4,508 shares0Common StockSEC:0001562463-25-000004:0
7,075 shares0Common StockSEC:0001562463-25-000006:0
2,601 shares0Common StockSEC:0001562463-25-000005:0
15,000 shares0Common StockSEC:0001562463-24-000088:0
1,720 shares0Common StockSEC:0001562463-24-000045:0
1,720 shares0Common StockSEC:0001562463-24-000048:0
1,720 shares0Common StockSEC:0001562463-24-000046:0
1,720 shares0Common StockSEC:0001562463-24-000047:0
25 of 109 declarations
About First Internet Bancorp
First Internet Bancorp is a U.S.-listed banking company trading on the Nasdaq under the ticker INBK. The company is headquartered in Fishers, Indiana, United States, and serves as the holding company for First Internet Bank, an FDIC-insured institution that was launched in 1999 as a pioneer in branchless, fully online banking. That origin still defines the franchise today: a digital-first bank built to deliver nationwide banking services with a lower physical footprint than a traditional branch network. ([firstinternetbancorp.com](https://firstinternetbancorp.com/overview/?utm_source=openai))
Operationally, First Internet Bancorp combines a nationwide consumer and business deposit base with a diversified asset-generation platform. Its product set includes consumer and small-business deposits, residential mortgage lending, commercial real estate loans, commercial and industrial lending, SBA financing, specialty finance, and treasury management services. This mix gives the bank exposure to both retail funding and commercial lending, while allowing it to focus on niches where a technology-enabled delivery model can support speed, flexibility, and customer reach. ([firstinternetbancorp.com](https://www.firstinternetbancorp.com/news-and-events/press-releases/press-release/2020/First-Internet-Bank-Continues-SBA-Lending-Expansion/default.aspx?utm_source=openai))
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From a historical perspective, the company is notable for being an early mover in digital banking. Founded by David Becker, First Internet Bank was one of the first state-chartered, FDIC-insured banks to operate entirely online. Over time, it expanded beyond its initial consumer-banking proposition into mortgage, SBA, and commercial lending, building a broader banking platform while retaining its branchless identity. For investors, that makes First Internet Bancorp a differentiated regional-bank story: it is less reliant on branch density and more exposed to loan mix, funding costs, credit performance, and fee-income generation. ([firstinternetbancorp.com](https://www.firstinternetbancorp.com/news-and-events/press-releases/press-release/2015/Assets-Reach-1-Billion-at-First-Internet-Bank/default.aspx?utm_source=openai))
In competitive terms, the company sits within the U.S. regional banking universe but stands out for its digital operating model and its specialization in selected commercial verticals. Its competitive strengths include a scalable online platform, a historically innovative brand, and a growing SBA franchise that has become an increasingly important contributor to noninterest income. The bank also emphasizes a diversified deposit base and a relatively asset-sensitive balance sheet, both of which matter in a volatile interest-rate environment. ([firstinternetbancorp.com](https://firstinternetbancorp.com/overview/?utm_source=openai))
Recent developments have reinforced this strategic direction. In second-quarter 2025 results, management highlighted improving revenues and continued strength in the SBA business, alongside a larger contribution from noninterest income. Earlier, second-quarter 2024 results already showed rising noninterest income, solid loan growth, and management commentary about a more diversified revenue base. Taken together, these updates suggest that the bank is working to improve earnings quality while maintaining credit discipline and balance-sheet optimization. For equity investors, the key monitoring points remain loan growth, credit quality, funding costs, and the sustainability of fee-income expansion. ([firstinternetbancorp.com](https://www.firstinternetbancorp.com/news-and-events/press-releases/press-release/2025/First-Internet-Bancorp-Reports-Second-Quarter-2025-Results/default.aspx?utm_source=openai))
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