What is the net share effect of Stefanie M. Kimball’s IBCP transaction?

The filing shows a net sell of 1,400 shares of Independent Bank Corp. common stock. This reflects one open-market sale transaction, with no reported purchases or derivative exercises offsetting the disposition in this Form 4.

Independent Bank (IBCP) EVP Kimball sells 1,400 shares, keeps 64,327

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Independent Bank Corp. executive Stefanie M. Kimball reported an open-market sale of 1,400 shares of Common Stock at $34.415 per share. After this sale, she holds 64,327 shares directly, plus indirect holdings of 6,847.01 shares through an ESOP and 230 shares through an IRA.

Insights

Executive sold 1,400 shares but retains a sizable direct and indirect position.

Executive Vice President Stefanie M. Kimball completed an open-market sale of 1,400 shares of Independent Bank Corp. common stock at $34.415 per share. The transaction is recorded as a non-derivative sale, not tied to option exercises.

Following the sale, she directly owns 64,327 shares and has additional indirect holdings via an ESOP and an IRA. With no derivative positions reported and no Rule 10b5-1 language in the excerpt, this looks like a straightforward share sale, with overall impact depending on her broader holdings and company share count.

Insider Trade Summary

Net Seller: 1,400 shares ($48,181)

Net Sell 3 txns

Insider Kimball Stefanie M

Role Executive Vice President

Sold 1,400 shs ($48K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,400	$34.415	$48K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 64,327 shares (Direct, null); Common Stock — 230 shares (Indirect, By IRA)

Footnotes (1)

Key Figures

Shares sold: 1,400 shares Sale price per share: $34.415 per share Direct holdings after sale: 64,327 shares +3 more

6 metrics

Shares sold 1,400 shares Open-market sale of Common Stock

Sale price per share $34.415 per share Price for the 1,400 shares sold

Direct holdings after sale 64,327 shares Common Stock held directly post-transaction

ESOP indirect holdings 6,847.01 shares Common Stock held indirectly by ESOP

IRA indirect holdings 230 shares Common Stock held indirectly by IRA

Net insider share change -1,400 shares Net buy/sell shares in transaction summary

Key Terms

open-market sale, ESOP, IRA

3 terms

open-market sale financial

"transaction_action: "open-market sale" for the 1,400-share transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

ESOP financial

"nature_of_ownership: "By ESOP" for 6,847.0100 indirect shares"

An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

IRA financial

"nature_of_ownership: "By IRA" for 230.0000 indirect shares"

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

Form 4 Insider Transactions: What Each Field Means →

05/29/2026 - 04:14 PM

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)
05/29/2026

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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/29/2026		S		1,400	D	$34.415	64,327	D
Common Stock								230	I	By IRA
Common Stock								6,847.01	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	s/Darcy J. Benjamin, Attorney-in-Fact	05/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did IBCP executive Stefanie M. Kimball report in this Form 4?

She reported an open-market sale of 1,400 shares of Independent Bank Corp. common stock. The sale was executed at a price of $34.415 per share, and is classified as a non-derivative transaction in the filing.

At what price did Stefanie M. Kimball sell IBCP shares?

She sold 1,400 shares of Independent Bank Corp. common stock at $34.415 per share. This price reflects the per-share consideration received in the reported open-market sale transaction on the stated transaction date.

How many IBCP shares does Stefanie M. Kimball hold after this sale?

After the sale, she directly holds 64,327 shares of Independent Bank Corp. common stock. The filing also shows indirect ownership of 6,847.01 shares through an ESOP and 230 shares through an IRA account.

Does Stefanie M. Kimball have any indirect ownership in IBCP shares?

Yes, she has indirect ownership of Independent Bank Corp. shares. The Form 4 lists 6,847.01 shares held through an ESOP and 230 shares held through an IRA, both categorized as indirect ownership interests.

Were any derivative securities involved in this IBCP Form 4 filing?

No derivative securities are listed in this Form 4 excerpt. The reported activity consists of a non-derivative open-market sale of common stock, along with entries showing indirect holdings through an ESOP and an IRA after the transaction.