Budden Joan A bought IBCP

May 15, 2025 · Form 4 insider transaction

Budden Joan A bought 273 shares of Independent Bank Corporation at $32.57 per share, a transaction worth $8.9K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 47 days after the transaction.

Direction
Acquired (buy-side)
Shares
273
Price
$32.57
Total value
$8.9K
RoleDirector
SecurityPhantom Stock Units
Transaction codeA: Grant or award
Transaction dateMay 15, 2025
Filing dateJuly 1, 2025
Shares owned after34,468
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors and are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director.

View the original Form 4 on SEC EDGAR