Barnes Jeffrey J 4
Research Summary
AI-generated summary
Isabella Bank Director Jeffrey J. Barnes Receives 225-Share Award
What Happened
Jeffrey J. Barnes, a director of Isabella Bank Corp (ISBA), was reported to have received 225 shares on June 1, 2026. The shares were acquired at a reported price of $41.49 per share, for a total value of approximately $9,335. This transaction is coded as an award/grant (A), an acquisition rather than an open-market purchase or sale.
Key Details
- Transaction date: June 1, 2026
- Transaction type/code: Award/Grant (A)
- Shares acquired: 225 at $41.49 each — total value ≈ $9,335
- Shares owned after transaction: Not specified in the provided filing
- Footnotes/plan info: Filing does not disclose 10b5-1 plan, tax withholding, or additional footnotes
- Timeliness: Report filed June 3, 2026 (appears timely under Form 4 reporting rules)
Context
Code A indicates a grant or other acquisition — common for compensation-related awards to directors or employees. Such awards represent an acquisition of stock (a bullish-signal-type event compared with sales), but the filing does not state whether this was part of director compensation, a restricted stock grant, or another program. This report is informational; it does not explain the insider’s motivations.