November 13, 2023 · Form 4 insider transaction
Budden Joan A bought 359.11 shares of Independent Bank Corporation at $20.82 per share, a transaction worth $7.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 50 days after the transaction.
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.