[Form 4] Independent Bank Corp. Insider Trading Activity

Rhea-AI Filing Summary

Insider sale reported by Executive Vice President Stefanie M. Kimball at Independent Bank Corp. (IBCP). The Form 4 shows a sale of 1,400 shares of common stock on 09/03/2025 at a reported price of $32.6443 per share. After the transaction, the filing lists 62,389 shares held directly and identifies indirect holdings of 230 shares held by an IRA and 6,456.85 shares held by an ESOP, as reported on the form. The form is signed by an attorney-in-fact on 09/05/2025.

Positive

• None.

Negative

• Insider sold 1,400 shares of company common stock on 09/03/2025 at a reported price of $32.6443 per share

Insights

Financial Analyst

TL;DR: Executive Vice President sold 1,400 shares; remaining direct and indirect holdings are disclosed.

The Form 4 documents a routine insider disposition rather than any derivative activity. The sale amount and post-transaction holdings are explicitly stated: 1,400 shares sold at $32.6443 each, leaving 62,389 shares reported as directly owned plus 230 by an IRA and 6,456.85 by an ESOP. There are no option exercises, grants, or other derivative transactions reported. Based solely on the filing, this is a single non-derivative sale with no additional context on intent or planned transactions.

Corporate Governance Expert

TL;DR: Disclosure meets Section 16 requirements; transaction is a straightforward reported sale.

The filing is a standard Section 16 Form 4 disclosure for an officer. It includes the reporting person's title (Executive Vice President), the transaction date (09/03/2025), the transaction code (S for sale), the number of shares sold (1,400) and the reported price ($32.6443). Post-transaction beneficial ownership is detailed with direct and indirect holdings. The form is signed by an attorney-in-fact, which is permissible. The document contains no indications of Rule 10b5-1 plan usage or other arrangements on the face of the form.

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 MI 49525

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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

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

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

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	09/03/2025		S		1,400	D	$32.6443	62,389	D
Common Stock								230	I	By IRA
Common Stock								6,456.85	I	By ESOP

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:

Remarks:

	s/Darcy J. Benjamin, Attorney-in-Fact	09/05/2025
	** 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.

FAQ

What transaction did Stefanie M. Kimball report on the Form 4 for IBCP?

The Form 4 reports a sale of 1,400 shares of Independent Bank Corp. common stock on 09/03/2025 at a price of $32.6443 per share.

How many shares does the reporting person own after the transaction (IBCP)?

The filing lists 62,389 shares held directly after the reported transaction, plus 230 shares in an IRA and 6,456.85 shares in an ESOP as indirect holdings.

Does the Form 4 show any derivative transactions or option exercises for IBCP?

No. Table II for derivative securities contains no entries; the filing reports only a non-derivative sale.

Who signed the Form 4 for the reporting person?

The form is signed by Darcy J. Benjamin, Attorney-in-Fact on 09/05/2025 on behalf of the reporting person.

Was the transaction coded or noted as part of a 10b5-1 plan on the Form 4?

The Form 4 does not include any checked box or remark indicating the transaction was made pursuant to a Rule 10b5-1 trading plan.