IBCP director granted 49 Phantom Stock Units

Archer Dennis W. Jr reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Archer Dennis W. Jr reported acquisition or exercise transactions in this Form 4 filing.

Independent Bank Corp. director Dennis W. Archer Jr. received a grant of 49 Phantom Stock Units on February 13, 2026. These units were credited under the company’s Deferred Compensation and Stock Purchase Plan for Non-Employee Directors and will be settled in common stock when he retires from the board.

Following this grant, Archer holds a total of 6,398.59 Phantom Stock Units. This is a routine, compensation-related award rather than an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 49 shares

Grant/Award 1 txn

Insider Archer Dennis W. Jr

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	49	$36.28	$2K

Holdings After Transaction: Phantom Stock Units — 6,398.59 contracts (Direct)

Footnotes (1)

1. F1. The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors and are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director.

Key Figures

Phantom Stock Units granted: 49 units Grant reference price: $36.28 per unit Total Phantom Stock Units after grant: 6,398.59 units

3 metrics

Phantom Stock Units granted 49 units Grant on February 13, 2026

Grant reference price $36.28 per unit Price per unit used for the 49-unit grant

Total Phantom Stock Units after grant 6,398.59 units Holdings following the February 13, 2026 award

Key Terms

Phantom Stock Units, Deferred Compensation and Stock Purchase Plan for Non Employee Directors, settled in the Issuer's Common Stock

3 terms

Phantom Stock Units financial

"The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Deferred Compensation and Stock Purchase Plan for Non Employee Directors financial

"accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors"

settled in the Issuer's Common Stock financial

"are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did IBCP director Dennis W. Archer Jr. report?

Dennis W. Archer Jr. reported receiving a grant of 49 Phantom Stock Units. These were awarded as part of Independent Bank Corp.’s non-employee director compensation plan and increase his total Phantom Stock Units to 6,398.59 after the transaction.

Was the IBCP Form 4 transaction a stock purchase or sale?

The IBCP Form 4 did not report a stock purchase or sale. Instead, it disclosed a compensation-related grant of 49 Phantom Stock Units to director Dennis W. Archer Jr., which is not an open-market transaction involving cash buying or selling of shares.

How many Phantom Stock Units does Dennis W. Archer Jr. hold after this grant at IBCP?

After the grant, Dennis W. Archer Jr. holds 6,398.59 Phantom Stock Units. This total reflects the newly awarded 49 units credited on February 13, 2026, under Independent Bank Corp.’s Deferred Compensation and Stock Purchase Plan for Non-Employee Directors.

What are Phantom Stock Units in the context of IBCP’s director compensation?

At IBCP, Phantom Stock Units are bookkeeping entries tied to the value of common stock. For non-employee directors, these units accrue under a deferred compensation and stock purchase plan and are ultimately settled in the company’s common stock upon the director’s retirement.

When will the IBCP Phantom Stock Units granted to Dennis W. Archer Jr. be settled?

The Phantom Stock Units granted to Dennis W. Archer Jr. will be settled upon his retirement as a director. At that time, Independent Bank Corp. will deliver shares of its common stock corresponding to the accrued units under the non-employee director deferred compensation plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 10:45 AM Learn about SEC filing dates

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^*

Archer Dennis W. Jr

(Last) (First) (Middle)

4200 E BELTLINE

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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)
			Code	V	Amount	(A) or (D)	Price

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
Phantom Stock Units	(1)	02/13/2026		A	V	49		(1)	(1)	Common Stock	49	$36.28	6,398.59	D

Explanation of Responses:

1. The Phantom Stock Units were accrued for under the Independent Bank Corporation Deferred Compensation and Stock Purchase Plan for Non Employee Directors and are to be settled in the Issuer's Common Stock upon the reporting person's retirement as a director.

Remarks:

	s/Darcy J. Benjamin, Attorney-in-Fact	04/02/2026
	** 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)