INDEPENDENT BANK (NASDAQ: IBCP) EVP updates Form 4 tax-withheld shares

Rhea-AI Filing Summary

INDEPENDENT BANK CORP /MI/ Executive Vice President Patrick J. Ervin filed an amended Form 4 to correct a prior report of shares withheld for taxes. On April 6, 2026, 1,778 shares of common stock were disposed of at $33.78 per share as a tax-withholding disposition to cover his tax obligations. Following this correction, he directly holds 37,220 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ervin Patrick J

Role Executive Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,778	$33.78	$60K

Holdings After Transaction: Common Stock — 37,220 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 1,778 shares Tax-withholding price: $33.78 per share Shares held after transaction: 37,220 shares

3 metrics

Shares withheld for taxes 1,778 shares Tax-withholding disposition of common stock on April 6, 2026

Tax-withholding price $33.78 per share Value assigned to withheld common stock shares

Shares held after transaction 37,220 shares Direct common stock ownership after tax withholding

Key Terms

tax-withholding disposition, Form 4, withheld to cover tax obligations

3 terms

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 regulatory

"The Form 4 filed by the reporting person on April 7, 2026"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

withheld to cover tax obligations financial

"shares of common stock withheld to cover tax obligations of the reporting person"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ervin Patrick J

(Last) (First) (Middle)

4200 E BELTLINE

(Street)

GRAND RAPIDS MICHIGAN 49525

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP /MI/ [ IBCP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/07/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/06/2026		F		1,778(1)	D	$33.78	37,220	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	s/Darcy J. Benjamin, Attorney-in-Fact	04/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What does the amended Form 4 for IBCP insider Patrick J. Ervin report?

The amended Form 4 corrects the number of shares withheld to cover Patrick J. Ervin’s tax obligations. It now shows 1,778 shares of INDEPENDENT BANK CORP /MI/ common stock were disposed of for tax withholding related to his equity compensation.

How many IBCP shares were withheld for taxes in Patrick J. Ervin’s filing?

The filing states that 1,778 shares of INDEPENDENT BANK CORP /MI/ common stock were withheld. These shares were used to satisfy Patrick J. Ervin’s tax obligations tied to his stock-based compensation, rather than being sold in an open-market transaction.

What price per share is shown in Patrick J. Ervin’s IBCP tax-withholding transaction?

The transaction reflects a price of $33.78 per share for the 1,778 INDEPENDENT BANK CORP /MI/ common shares withheld. This value is used to calculate the tax-withholding amount, not as an open-market trade price chosen by the insider.

How many IBCP shares does Patrick J. Ervin hold after this amended Form 4?

After the tax-withholding disposition, Patrick J. Ervin directly holds 37,220 shares of INDEPENDENT BANK CORP /MI/ common stock. This figure reflects his remaining direct ownership following the corrected number of shares withheld for tax purposes.

Is Patrick J. Ervin’s IBCP transaction a sale in the open market?

The filing describes the transaction as a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to satisfy Patrick J. Ervin’s tax liabilities stemming from his equity compensation, a routine administrative step.