Here are the DEF 14A proxy statements from Independent Bank Corp. (IBCP) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow IBCP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IBCP filings page.
Independent Bank Corporation is asking shareholders to vote at its virtual 2026 annual meeting on April 21, 2026. Proposals include electing three directors to terms expiring in 2029 and one director to a term expiring in 2027, ratifying Crowe LLP as auditor for 2026, approving an advisory vote on executive pay, and choosing how often to hold future say‑on‑pay votes. The record date is February 20, 2026, with 20,769,374 common shares outstanding, each entitled to one vote.
The board is classified into three staggered groups and uses a majority voting standard in uncontested elections. Most directors, including the chair, are independent and serve on audit, compensation, and nominating/governance committees. In 2025 the CEO earned total compensation of $1,558,390, with a significant portion tied to performance through annual incentives and long‑term equity awards, and the CEO pay ratio was 24.1 to 1. Cash incentives for 2025 were based on earnings per share, efficiency, asset quality, and deposit growth, producing approximately $8.2 million in total incentive payouts across employees after targets were exceeded on earnings. Long‑term incentives are granted as restricted stock and performance units that vest over three years based on relative total shareholder return and return on average assets.