Independent Bank (IBCP) executive corrects tax share withholding

Rhea-AI Filing Summary

Independent Bank Corp. Executive Vice President Stefanie M. Kimball filed an amended insider report to correct tax-related share withholding figures. On April 6, 2026, 1,672 shares of common stock were withheld at $33.78 per share to cover tax obligations, a non-market transaction. After this adjustment, Kimball directly holds 65,727 common shares of Independent Bank Corp.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kimball Stefanie M

Role Executive Vice President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,672	$33.78	$56K

Holdings After Transaction: Common Stock — 65,727 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withheld shares: 1,672 shares Tax valuation price: $33.78 per share Shares after transaction: 65,727 shares +2 more

5 metrics

Tax-withheld shares 1,672 shares Common stock withheld for taxes on April 6, 2026

Tax valuation price $33.78 per share Value used for 1,672 withheld shares

Shares after transaction 65,727 shares Direct common stock holdings after tax withholding

Tax-withholding transactions 1 transaction TaxWithholdingCount in transaction summary

Tax-withheld share total 1,672 shares TaxWithholdingShares in transaction summary

Key Terms

tax-withholding disposition, Form 4, Executive Vice President, common stock

4 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 inadvertently reported an incorrect number"

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.

Executive Vice President financial

""officer_title": "Executive Vice President""

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

"an incorrect number of shares of common stock withheld to cover tax obligations"

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.

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^*

Kimball Stefanie M

(Last) (First) (Middle)

4200 E BELTLINE AVE

(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		1,672(1)	D	$33.78	65,727	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 did Independent Bank (IBCP) executive Stefanie Kimball report in this Form 4/A amendment?

Stefanie M. Kimball corrected a prior insider report to show that 1,672 shares of Independent Bank common stock were withheld on April 6, 2026 to cover tax obligations at $33.78 per share, a non-market tax-withholding disposition rather than an open-market sale.

How many Independent Bank (IBCP) shares were withheld for taxes in the corrected filing?

The amended filing shows that 1,672 shares of Independent Bank common stock were withheld to satisfy tax obligations. This correction replaces an incorrect number reported earlier and clarifies the exact size of the tax-withholding disposition tied to Kimball’s equity compensation event.

At what price were the withheld Independent Bank (IBCP) shares valued in the tax transaction?

The 1,672 withheld shares were valued at $33.78 per share for tax purposes. This figure reflects the price used to calculate the tax-withholding disposition and does not represent an open-market sale or purchase on a securities exchange by the executive.

How many Independent Bank (IBCP) shares does Stefanie Kimball hold after the tax withholding?

Following the corrected tax-withholding disposition, Stefanie M. Kimball directly owns 65,727 shares of Independent Bank common stock. This total appears after adjusting for the 1,672 shares withheld to cover tax obligations related to her equity compensation on April 6, 2026.

Does this Independent Bank (IBCP) Form 4/A indicate an open-market sale by the executive?

No, the Form 4/A describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to cover Stefanie M. Kimball’s tax obligations tied to her compensation, which is a routine administrative transaction rather than a discretionary sale into the market.