Isabella Bank (ISBA) president adds 2,225 shares in insider acquisition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Isabella Bank Corp president and director Neil Michael McDonnell reported an insider stock acquisition. On January 28, 2026, he acquired 2,225.5193 shares of Isabella Bank common stock at $0 per share, increasing his direct holdings to 12,095.8005 shares. He also reports indirect beneficial ownership of 42 shares held by an immediate family member.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McDonnell Neil Michael
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common | 2,225.519 | $0.00 | -- |
| holding | common | -- | -- | -- |
Holdings After Transaction:
common — 12,095.801 shares (Direct);
common — 42 shares (Indirect, By immediate family member)
Footnotes (1)
FAQ
What insider transaction did ISBA report for January 28, 2026?
Isabella Bank Corp reported that president and director Neil Michael McDonnell acquired 2,225.5193 shares of common stock on January 28, 2026 at $0 per share, raising his direct holdings to 12,095.8005 shares, plus 42 shares held indirectly by an immediate family member.
Was the ISBA insider transaction a purchase or another type of acquisition?
The filing shows transaction code "A" for an acquisition of 2,225.5193 common shares at $0 per share. While the exact form of acquisition is not detailed, the zero-dollar price indicates the shares were received without a cash payment per share.
What roles does Neil Michael McDonnell hold at Isabella Bank Corp (ISBA)?
Neil Michael McDonnell is identified as both a director and an officer of Isabella Bank Corp, serving in the role of president. These positions are disclosed in the relationship section of the Form 4 insider trading report filed for the January 28, 2026 transaction.
How is indirect ownership reported in the ISBA Form 4 filing?
The Form 4 shows 42 Isabella Bank common shares owned indirectly, marked as "I" for indirect with the notation "By immediate family member." This means McDonnell reports beneficial ownership in shares held by a family member, separate from his directly held 12,095.8005 shares.
Does the ISBA Form 4 show any derivative securities for Neil Michael McDonnell?
The filing’s derivative securities table is present but contains no reported derivative positions for Neil Michael McDonnell. Only non-derivative common stock holdings are detailed, including the new 2,225.5193-share acquisition and total direct and indirect share counts.