INDEPENDENT BANK CORP /MI/·4/A

Apr 8, 11:41 AM ET

Kimball Stefanie M 4/A

4/A · INDEPENDENT BANK CORP /MI/ · Filed Apr 8, 2026

Research Summary

AI-generated summary of this filing

Updated

IBCP EVP Stefanie Kimball Sells 1,672 Shares (Tax Withholding)

What Happened
Stefanie M. Kimball, Executive Vice President of Independent Bank Corp (IBCP), had 1,672 shares of common stock disposed on April 6, 2026 to satisfy tax withholding obligations. The shares were withheld at $33.78 per share, for a total value of approximately $56,480. The transaction is reported under code F (payment of exercise price or tax liability), indicating an administrative withholding rather than an open-market sale.

Key Details

  • Transaction date: 2026-04-06
  • Shares withheld/disposed: 1,672
  • Price per share: $33.78
  • Total value: ~$56,480
  • Transaction code: F (tax withholding/payment related to an option exercise or award)
  • Filing: Amended Form 4 filed 2026-04-08 to correct the number of shares withheld (original Form 4 filed Apr 7 contained an incorrect share count)
  • Shares owned after transaction: Not specified in this filing excerpt

Context
Code F typically means shares were withheld to cover tax liabilities arising from an option exercise or vesting of awards (a cashless/withholding settlement). This is an administrative action and is common for executives exercising equity awards; it does not necessarily indicate a deliberate market sale or change in conviction. The filing was amended to correct the withheld-share count; the amendment clarifies the record but does not by itself imply new trading activity.

Insider Transaction Report

Form 4/AAmended
Period: 2026-04-06
Kimball Stefanie M
Executive Vice President
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-04-06$33.78/sh1,672$56,48065,727 total
Footnotes (1)
  • [F1]The Form 4 filed by the reporting person on April 7, 2026 inadvertently reported an incorrect number of shares of common stock withheld to cover tax obligations of the reporting person. This amendment is being filed to reflect the correct number of shares withheld.
Signature
s/Darcy J. Benjamin, Attorney-in-Fact|2026-04-08

Documents

1 file
  • 4
    wk-form4a_1775662865.xml

    FORM 4/A