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Independent Bank Corp (IBCP) EVP reports 350-share insider disposition

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Independent Bank Corp. Executive Vice President Michael Joseph Stodolak reported a small share disposition in company common stock. On February 6, 2026, he disposed of 350 shares at $36.60 per share, leaving him with 15,095 directly held shares. He also reports an additional 4,990.05 shares held indirectly through an ESOP, reflecting his ongoing equity stake in the company.

Positive

  • None.

Negative

  • None.
Insider Stodolak Michael Joseph
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common Stock 350 $36.60 $13K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 15,095 shares (Direct); Common Stock — 4,990.05 shares (Indirect, By ESOP)
Footnotes (1)
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*
Stodolak Michael Joseph

(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)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 4,990.05 I By ESOP
Common Stock 02/06/2026 F 350 D $36.6 15,095 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:
Remarks:
s/Darcy J. Benjamin, Attorney-in-Fact 02/09/2026
** 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.

FAQ

What insider transaction did IBCP Executive Vice President Michael Stodolak report?

Michael Joseph Stodolak reported disposing of 350 shares of Independent Bank Corp. common stock. The transaction occurred on February 6, 2026, at a price of $36.60 per share, as disclosed in his Form 4 insider trading report.

How many IBCP shares does Michael Stodolak own after this Form 4 transaction?

After the reported transaction, Michael Joseph Stodolak directly owns 15,095 shares of Independent Bank Corp. common stock. He also reports indirect beneficial ownership of 4,990.05 additional shares held through an employee stock ownership plan (ESOP).

What does transaction code F mean in the IBCP Form 4 filing?

The Form 4 for Independent Bank Corp. lists transaction code F for the 350-share disposition. Code F is a standard SEC code indicating a specific type of insider transaction, and here it simply categorizes how the 350-share disposition is reported.

Is Michael Stodolak a major shareholder or director of Independent Bank Corp. (IBCP)?

Michael Joseph Stodolak is reported as an officer of Independent Bank Corp., serving as Executive Vice President. The filing does not classify him as a director or a 10% owner, focusing instead on his role as a senior executive officer.

How is the ESOP ownership reported in the IBCP Form 4 filing?

The Form 4 shows 4,990.05 shares of Independent Bank Corp. common stock held indirectly by Michael Joseph Stodolak. These shares are reported with an indirect ownership form and identified as held "By ESOP," referring to an employee stock ownership plan.