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Tax-withholding correction for Independent Bank Corp. (IBCP) executive

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Independent Bank Corp. executive Gavin A. Mohr filed an amended insider report to correct a prior tax-withholding entry. The filing shows a tax-withholding disposition of 1,659 shares of common stock at $33.78 per share to cover tax obligations, not an open-market sale. After this correction, Mohr directly holds 27,396 shares of Independent Bank Corp. common stock.

Positive

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Insider Mohr Gavin A.
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common Stock 1,659 $33.78 $56K
Holdings After Transaction: Common Stock — 27,396 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,659 shares Tax-withholding disposition of common stock
Withholding price $33.78 per share Value used for tax-withholding shares
Shares owned after transaction 27,396 shares Direct common stock holdings after withholding
Tax-withholding share count (summary) 1,659 shares Reported in transactionSummary as taxWithholdingShares
Form 4/A regulatory
"The Form 4 filed by the reporting person on April 7, 2026 inadvertently reported an incorrect number of shares..."
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the common stock transaction"
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.
Executive Vice President financial
"officer_title: "Executive Vice President" for reporting person Gavin A. Mohr"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Mohr Gavin A.

(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)
Director10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/06/2026F1,659(1)D$33.7827,396D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact04/08/2026
** Signature of Reporting PersonDate
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 latest Form 4/A for IBCP’s Gavin A. Mohr report?

The Form 4/A reports an amended insider transaction for Gavin A. Mohr, Executive Vice President. It corrects the number of shares of Independent Bank Corp. common stock withheld to satisfy his tax obligations related to equity compensation.

How many IBCP shares were withheld for Gavin A. Mohr’s taxes?

The amended filing shows 1,659 shares of Independent Bank Corp. common stock were withheld. These shares were used to cover Mohr’s tax obligations, reflecting a tax-withholding disposition rather than a traditional market sale of stock.

At what price were Gavin A. Mohr’s IBCP shares withheld for taxes?

The shares were withheld at $33.78 per share. This price is used solely for calculating the value of stock surrendered to meet Mohr’s tax liability, not as an indication of an open-market trading transaction in Independent Bank Corp. shares.

How many IBCP shares does Gavin A. Mohr own after this amended transaction?

Following the corrected tax-withholding entry, Gavin A. Mohr directly holds 27,396 shares of Independent Bank Corp. common stock. This figure reflects his remaining direct ownership after the 1,659 shares were surrendered to satisfy tax obligations.

Why did Independent Bank’s executive file an amended Form 4/A for IBCP?

The amendment was filed because the original Form 4 inadvertently reported an incorrect number of shares withheld for taxes. The Form 4/A updates the record to show the correct 1,659 shares of common stock used for Mohr’s tax obligations.

Does the IBCP Form 4/A indicate an open-market sale by Gavin A. Mohr?

No, the transaction is described as a tax-withholding disposition. Shares were delivered to cover Gavin A. Mohr’s tax liability, meaning the event relates to equity compensation taxes rather than a discretionary open-market sale of Independent Bank Corp. stock.