Independent Bank Corp /MI/: director Stephen L Gulis Jr received 466.39 shares

What happened The filing reports that Stephen L Gulis Jr, a director, received 466.39 phantom stock units (derivative) at $38.49 per share on Aug 14, 2026, valued at $17,951.

Key details

• Transaction date and price: Aug 14, 2026 — award/acquisition of 466.39 shares at $38.49 per share (transaction code A).
• Shares owned after the transaction: Not reported in the filing.
• Footnote: 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.
• Filing date and period of report: Filed Oct 2, 2026; period of report Aug 14, 2026.

Why it may matter

• This was an award of phantom stock units (a derivative grant) to be settled in common stock upon the reporting person's retirement as a director.
  A filing does not show why the insider traded or why the company acted.