ISABELLA BANK (NASDAQ: ISBA) COO Erika Ross reports initial 1,042-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ISABELLA BANK CORP executive Erika M. Ross, the Chief Operations Officer, filed an initial ownership report showing beneficial ownership of 1,042.2049 shares of common stock held directly. This Form 3 reflects her starting equity position as an officer and does not report any specific buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ross Erika M
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | common | -- | -- | -- |
Holdings After Transaction:
common — 1,042.205 shares (Direct, null)
Footnotes (1)
Key Figures
Common shares owned: 1,042.2049 shares
1 metrics
Common shares owned
1,042.2049 shares
Directly owned common stock reported on Form 3
Key Terms
Chief Operations Officer, common, beneficial ownership
3 terms
Chief Operations Officer financial
"officer_title": "Chief Operations Officer""
common financial
"security_title": "common""
beneficial ownership financial
"initial ownership report showing beneficial ownership of 1,042.2049 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Erika M. Ross’s Form 3 filing for ISBA show?
The Form 3 shows that Erika M. Ross, Chief Operations Officer of ISABELLA BANK CORP, initially reports ownership of 1,042.2049 shares of common stock held directly. This establishes her baseline equity position as an officer at the time of reporting.
What is the ownership type reported for Erika M. Ross in ISBA stock?
The Form 3 indicates that Erika M. Ross’s 1,042.2049 ISABELLA BANK CORP common shares are held with direct ownership. Direct ownership means the shares are attributed personally to her, rather than through an indirect entity such as a trust or partnership.
Does Erika M. Ross hold any derivative securities of ISBA in this filing?
The filing shows no derivative securities for Erika M. Ross. The derivative section is empty, and the only reported holding is 1,042.2049 shares of ISABELLA BANK CORP common stock, emphasizing a straightforward, non-derivative equity position at this time.