Independent Bank director granted 285 IBCP shares

Independent Bank Corp. director William J. Boer reported an award of 285 shares of Common Stock at $36.07 per share.

Accepted by SEC EDGAR 07/02/2026 - 11:10 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Independent Bank Corp. director William J. Boer reported an award of 285 shares of Common Stock at $36.07 per share. This grant increased his direct holdings to 17,073.75 shares. He also reports 28,124 shares held indirectly by a trust, which includes 138.25 shares acquired through a dividend reinvestment program during the second quarter.

Insider Trade Summary

Grant/Award: 285 shares

Grant/Award 1 txn

Insider Boer William J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	285	$36.07	$10K
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 17,073.75 shares (Direct); Common Stock — 28,124 shares (Indirect, By Trust)

Holdings Before and After: Common Stock, 16,788.75 to 17,073.75 shares (Direct)

Footnotes (1)

1. F1. Includes 138.25 shares acquired through dividend reinvestment program (DRIP) during the second quarter.

Key Figures

Stock award: 285 shares Award price: $36.07 per share Direct holdings after grant: 17,073.75 shares +2 more

5 metrics

Stock award 285 shares Common Stock grant to director William J. Boer

Award price $36.07 per share Price for 285-share Common Stock grant

Direct holdings after grant 17,073.75 shares Common Stock directly owned after transaction

Indirect trust holdings 28,124 shares Common Stock held indirectly by trust

DRIP shares acquired 138.25 shares Dividend reinvestment program during second quarter

Key Terms

Grant, award, or other acquisition, dividend reinvestment program (DRIP), Common Stock, By Trust

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

dividend reinvestment program (DRIP) financial

"Includes 138.25 shares acquired through dividend reinvestment program (DRIP) during the second quarter."

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

By Trust financial

"nature_of_ownership: By Trust"

FAQ

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

What insider transaction did Independent Bank Corp (IBCP) report for William J. Boer?

Independent Bank Corp reported that director William J. Boer received an award of 285 shares of Common Stock at $36.07 per share. This is classified as a grant or other acquisition rather than an open-market purchase or sale, and reflects routine equity-based compensation.

How many Independent Bank Corp (IBCP) shares does William J. Boer hold directly after this Form 4?

After the reported award, William J. Boer directly holds 17,073.75 shares of Independent Bank Corp Common Stock. This total incorporates the newly granted 285 shares and represents his personal direct ownership, separate from any indirect holdings reported in the same filing.

What indirect holdings in Independent Bank Corp (IBCP) stock are reported for William J. Boer?

The filing shows 28,124 shares of Independent Bank Corp Common Stock held indirectly by a trust. These indirect holdings are reported under “By Trust,” indicating they are owned through a trust structure rather than in Boer's personal name.

What does the dividend reinvestment footnote mean in the Independent Bank Corp (IBCP) Form 4?

The footnote explains that 138.25 shares were acquired through a dividend reinvestment program during the second quarter. This means dividends paid on existing shares were automatically used to buy additional Independent Bank Corp shares instead of being received in cash.

Was the Independent Bank Corp (IBCP) Form 4 transaction an open-market buy or sell?

No, the primary transaction is classified as a grant, award, or other acquisition, coded as “A.” It reflects 285 shares of Common Stock awarded at $36.07 per share rather than an open-market purchase or sale by William J. Boer.

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

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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^*

Boer William J

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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
Common Stock								28,124	I	By Trust
Common Stock	07/01/2026		A		285	A	$36.07	17,073.75(1)	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:

1. Includes 138.25 shares acquired through dividend reinvestment program (DRIP) during the second quarter.

Remarks:

	s/Darcy J. Benjamin, Attorney-in-Fact	07/02/2026
	** 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)