Sackett Brian Roy 4

What Happened
Brian Roy Sackett, a director of Isabella Bank Corporation (ISBA), acquired 403.389 shares on January 20, 2026 at $49.58 per share, a transaction valued at roughly $20,000. The filing reports the acquisition as a purchase (code P) but indicates the shares were obtained through director fees under the company’s deferred compensation plan rather than a cash open-market trade.

Key Details

• Transaction date and price: 2026-01-20 — 403.389 shares @ $49.58 each (≈ $20,000 total).
• Transaction type: Purchase (code P); acquisition made pursuant to the Isabella Bank Corporation and Related Companies Deferred Compensation Plan for Directors (footnote F1).
• Holdings after transaction: Not specified in the provided excerpt.
• Additional note: Filing indicates holdings include shares acquired through quarterly dividend reinvestment (footnote F2).
• Filing date: Form 4 filed 2026-01-23 (three days after the transaction); no late-filing flag was provided in the data shown.

Context
Because the shares were acquired via a deferred compensation plan (and the filing notes dividend reinvestment), this purchase reflects compensation conversion and reinvestment activity rather than an outright cash-funded open-market bullish buy. For retail investors, such purchases are routine for director compensation plans and should be interpreted differently than discretionary insider buys funded with personal cash.