Mohr Gavin A. 4/A
4/A · INDEPENDENT BANK CORP /MI/ · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
Independent Bank (IBCP) EVP Gavin Mohr Sells 1,659 Shares
What Happened
Gavin A. Mohr, Executive Vice President of Independent Bank Corp (IBCP), had 1,659 shares disposed on April 6, 2026 to satisfy tax withholding related to a prior equity event. The shares were disposed at $33.78 per share for a total value of $56,041. This Form 4 is an amendment correcting the number of shares withheld; the original Form 4 filed April 7, 2026 reported an incorrect amount.
Key Details
- Transaction date: 2026-04-06
- Action: Payment of tax liability / shares withheld and disposed (transaction code F)
- Shares disposed: 1,659 at $33.78 each = $56,041 total
- Filing: Amended Form 4 filed; footnote states the April 7 filing reported an incorrect withholding amount and this filing corrects it (F1)
- Shares owned after the transaction: not specified in the provided filing
Context
Code F indicates the shares were withheld to cover tax obligations (a common, routine administrative disposition), not an open-market sale driven by a trading decision. The amendment corrects reporting accuracy; it does not by itself indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-06$33.78/sh−1,659$56,041→ 27,396 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.