[Form 4] Independent Bank Corp. Insider Trading Activity

Rhea-AI Filing Summary

Insider transaction by Independent Bank Corp. (IBCP) — First Vice President & Controller Kristopher Kreter reported a sale of company common stock on 09/01/2025. The Form 4 shows 618 shares disposed at a price of $32.89 per share, leaving 2,243 shares held directly after the reported transaction. The filing also reports an indirect interest of 177.42 shares held via an ESOP. The form is signed by an attorney-in-fact, Darcy J. Benjamin, dated 09/02/2025.

Positive

• Timely and complete disclosure of the insider sale including price, quantity, and post-transaction holdings
• Reporting person and role clearly identified (First Vice Pres. & Controller), aiding transparency

Negative

• No explanation provided in the filing for the reason for the sale or whether it was under a trading plan
• Limited context — the filing does not show whether the transaction is material relative to total executive holdings or company float

Insights

Financial Analyst

TL;DR: Insider sale of 618 shares reported; share count and price disclosed, transaction appears routine based on available data.

The Form 4 discloses a single non-derivative disposal of 618 common shares at $32.89 on 09/01/2025 by Kristopher Kreter, First Vice President & Controller. Post-transaction direct ownership is reported as 2,243 shares and an indirect ESOP interest of 177.42 shares is recorded. The filing contains no additional context such as reason for sale, trading plan reference, or material company events. From a financial monitoring perspective, the filing provides precise quantities and price but does not indicate broader impact on company capitalization or executive holdings beyond the reported amounts.

Corporate Governance Expert

TL;DR: Proper Form 4 disclosure of an insider sale with attorney-in-fact signature; no governance issues evident from this filing alone.

The report names the reporting person, role (First Vice President & Controller), issuer (Independent Bank Corp. / IBCP) and provides transaction details: 618 shares disposed at $32.89, resulting direct beneficial ownership of 2,243 shares and indirect ESOP interests of 177.42 shares. The form is executed by an attorney-in-fact on 09/02/2025. There are no amendments noted and no indications of related-party trades, Rule 10b5-1 plan markings, or other flags in the document. Based solely on this filing, governance disclosure obligations appear satisfied for this transaction.

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^*

Kreter Kristopher

(Last) (First) (Middle)

4200 E BELTLINE

(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)
	First Vice Pres. & Controller

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

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	09/01/2025		F		618	D	$32.89	2,243	D
Common Stock								177.42	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	09/02/2025
	** 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 did Kristopher Kreter disclose on the Form 4 for IBCP?

The Form 4 reports a sale of 618 shares of Independent Bank Corp. common stock on 09/01/2025 at a price of $32.89, leaving 2,243 shares held directly and an indirect ESOP interest of 177.42 shares.

What is the reporting person’s role at Independent Bank Corp. (IBCP)?

The reporting person, Kristopher Kreter, is identified as First Vice Pres. & Controller.

When was the Form 4 signed and by whom?

The Form 4 was signed by Darcy J. Benjamin, Attorney-in-Fact on 09/02/2025.

Does the filing indicate any derivative transactions or trading plan?

No. The filing shows only a non-derivative disposal and does not reference any derivative transactions or a Rule 10b5-1 trading plan.

What price was the sale executed at according to the Form 4?

The reported sale price was $32.89 per share.