In 2022, Christopher J. Murphy III earned $1.26M in total compensation at 1st Source Corporation, including $810.00K salary and $289.20K bonus. Most recently acquired 2,500 shares in Mar 2020. Currently holds stock worth $185.42M. Has donated $56.94M in stock to charitable causes. 5+ years at the helm of 1st Source Corporation.
Compensation History
Annual executive compensation data for Christopher J. Murphy III, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.26M
Salary
$810.00K
Bonus
$289.20K
Other
$157.59K
Salary
$810.00KBoard Justification
The compensation philosophy focuses on aligning executive compensation with long-term performance and shareholder interests, emphasizing pay-for-performance principles and competitive compensation opportunities.
Bonus
$289.20KBoard Justification
Annual cash awards based on performance metrics including net income, return on assets, and other corporate financial performance goals for 2022.
Other Compensation
$157.59KBoard Justification
Includes company contributions to retirement plans, dividends on stock awards, directors' fees, perquisites, and value of life insurance benefits.
Restricted Stock
Board Justification
No stock vested in 2022; stock awards for 2022 performance will be reported in the next year's proxy statement.
Performance Metrics
Key performance metrics include net income, return on assets, and expense to revenue ratio.
Christopher J. Murphy III
CEO of 1st Source Corporation
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of 1st Source Corporation for
5 years 4 months (Jul 2020 - Present)
Previous Experience
Chairman of the Board and Chief Executive Officer of 1st Source Corporation and 1st Source Bank
Other 1st Source Corporation CEOs
Holdings
Track Christopher J. Murphy III's stock holdings and portfolio value over time.
Charitable Transactions
926,924.4 shares
SRCE
Recent Charitable Transactions
12,478 shares
SRCE
Dec 28, 2023
Charity
10,758 shares
SRCE
Dec 31, 2022
Charity
51,542 shares
SRCE
Dec 31, 2021
Charity
10,000 shares
SRCE
Dec 31, 2020
Charity
10,000 shares
SRCE
Dec 31, 2019
Charity
32,700 shares
SRCE
Dec 31, 2018
Charity
Insider Trading
Christopher J. Murphy III's recent stock transactions, purchases, and sales filed with the SEC.
12,478 shares
SRCE
Dec 28, 2023
Charity
10,758 shares
SRCE
Dec 31, 2022
Charity
1,095 shares
SRCE
Dec 31, 2021
Charity
51,542 shares
SRCE
Dec 31, 2021
Charity
19,519 shares
SRCE
Dec 31, 2020
Charity
10,000 shares
SRCE
Dec 31, 2020
Charity
$80.70K
SRCE at $32.28/share
Mar 13, 2020
Purchase
$71.90K
SRCE at $28.76/share
Mar 12, 2020
Purchase
10,000 shares
SRCE
Dec 31, 2019
Charity
$403.40
SRCE at $40.34/share
Jan 8, 2019
Received
Rivals
Compare Christopher J. Murphy III with competitor CEOs and industry peers.
Christopher J. McComish
CEO of S&T Bancorp
2023 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$70.00K
Other
$20.00K
Total Holdings
$200.99K
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K
Diana G. Zuniga
Founder and CEO of International Bancshares
2023 Compensation
Stock
$0.00
Salary
$660.00K
Bonus
$1.50M
Other
$243.03K
Total Holdings
$1.58M