Isabella Bank (ISBA) director awarded 22 shares, now holds 4,200.7689
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ISABELLA BANK CORP director Brian Roy Sackett reported receiving 22 common shares as a grant or award. The shares were valued at $41.49 per share on the transaction date. After this non-derivative acquisition, he directly holds a total of 4,200.7689 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sackett Brian Roy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common | 22 | $41.49 | $912.78 |
Holdings After Transaction:
common — 4,200.769 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 22 shares
Grant price: $41.49 per share
Total holdings after transaction: 4,200.7689 shares
3 metrics
Shares granted
22 shares
Common stock grant to director on transaction date
Grant price
$41.49 per share
Value per share for the 22-share award
Total holdings after transaction
4,200.7689 shares
Director’s direct common stock holdings after the grant
Key Terms
Grant, award, or other acquisition, non-derivative, direct ownership
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
non-derivative financial
"transaction_type: non-derivative"
direct ownership financial
"ownership_type: direct"
FAQ
What insider transaction did ISBA director Brian Roy Sackett report?
Director Brian Roy Sackett reported receiving 22 shares of Isabella Bank Corp common stock as a grant or award. This non-derivative acquisition was reported on Form 4 and reflects compensation rather than an open-market share purchase.
Was Brian Roy Sackett’s ISBA transaction a market buy or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. The Form 4 identifies the code as a grant, award, or other acquisition, indicating it is part of compensation rather than a discretionary market trade.
What type of security did Brian Roy Sackett acquire in ISBA?
Brian Roy Sackett acquired Isabella Bank Corp common stock in a non-derivative transaction. The Form 4 specifies the security title as common and notes it as a direct ownership position, rather than a derivative or indirect holding.