Isabella Bank (ISBA) Director Brian B. Tessin Receives 8-Share Award

What Happened

• Brian B. Tessin, a director of Isabella Bank Corp (ISBA), was granted 8 shares on 2026-09-01. The reported acquisition price/value is $38.55 per share, for a total value of $308.
• This transaction is coded as an award/grant (A) — an acquisition through a company grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-01; Report filed with the SEC: 2026-09-03.
• Price per share: $38.55; Shares acquired: 8; Total reported value: $308.
• Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or other footnotes were reported in the data provided.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timeliness: filed within two days of the transaction date (appears timely).

Context

• Awards like this are typically part of director compensation packages and do not necessarily reflect the insider’s active decision to buy shares on the open market. The dollar value here is small ($308), which suggests a modest grant rather than a large incentive or insider accumulation.