Archer Dennis W. Jr bought IBCP
May 15, 2025 · Form 4 insider transaction
Archer Dennis W. Jr bought 49 shares of Independent Bank Corporation at $32.57 per share, a transaction worth $1.6K. 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
49
Price
$32.57
Total value
$1.6K
InsiderArcher Dennis W. Jr
Role—
SecurityPhantom Stock Units
Transaction codeA: Grant or award
Transaction dateMay 15, 2025
Filing dateJuly 1, 2025
Shares owned after6,245
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.