Independent Bank Corp (IBCP) EVP reports 350-share insider disposition
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
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.
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.
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.