Bourland Jill 4

What Happened Jill Bourland, a director of Isabella Bank Corp (ISBA), made an open-market purchase of 7.679 shares on July 16, 2026. The shares were bought at $39.07 each for a total transaction value of $300. This was a straightforward purchase (transaction code P), which is generally viewed as a direct acquisition of stock rather than a derivative or option exercise.

Key Details

• Transaction date: 2026-07-16; price: $39.07 per share; shares acquired: 7.679; total value: $300.00.
• Transaction type: Open-market purchase (Form 4, code P).
• Filing date: 2026-07-17 (timely filing for the 2026-07-16 transaction).
• Shares owned after transaction: Not specified in the excerpt provided. (Check the full Form 4 for post-transaction holdings.)
• No footnotes or special conditions (e.g., 10b5-1 plan, tax withholding, cashless sale) were indicated in the provided data.

Context

• Purchases by directors can be interpreted as a routine acquisition or a modest positive signal, but this single, small ($300) purchase is limited in size.
• This transaction was a direct buy on the open market (not an option exercise, award, or gift), so it represents an actual addition of shares to the insider’s holdings.