Isabella Bank director awarded 10 shares at $38.55
ISABELLA BANK CORP director Jill Bourland received a small equity award, modestly increasing her direct ownership in ISBA shares.
Rhea-AI Filing Summary
ISABELLA BANK CORP (ISBA) reported that director Jill Bourland acquired 10 common shares on September 1, 2026 through a grant, award, or other acquisition at a reported price of $38.55 per share. Following this award, she directly holds 5,909.2943 common shares of ISBA. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10 shares
Grant/Award
1 txn
Insider
Bourland Jill
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common | 10 | $38.55 | $385.50 |
Holdings After Transaction:
common — 5,909.2943 shares (Direct)
Key Figures
Shares acquired: 10 shares
Reported price per share: $38.55 per share
Shares owned after transaction: 5,909.2943 shares
3 metrics
Shares acquired
10 shares
Grant, award, or other acquisition on September 1, 2026
Reported price per share
$38.55 per share
Equity award of 10 ISBA common shares
Shares owned after transaction
5,909.2943 shares
Director Jill Bourland’s direct holdings following the September 1, 2026 award
Key Terms
Grant, award, or other acquisition, Rule 10b5-1, direct ownership
3 terms
Grant, award, or other acquisition financial
"coded as a grant, award, or other acquisition of 10 common shares"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
direct ownership financial
"she directly holds 5,909.2943 common shares of ISBA"
FAQ
What insider transaction did ISBA disclose for director Jill Bourland?
ISABELLA BANK CORP disclosed that director Jill Bourland acquired 10 common shares on September 1, 2026 via a grant, award, or other acquisition, at a reported price of $38.55 per share, increasing her direct holdings to 5,909.2943 shares.
Was Jill Bourland’s ISBA transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with Jill Bourland’s September 1, 2026 acquisition of ISABELLA BANK CORP shares.
Is Jill Bourland’s ISBA acquisition a market purchase or an award?
The transaction is coded as a grant, award, or other acquisition rather than a market purchase. The Form 4 describes it as an acquisition of 10 common shares on September 1, 2026, with direct ownership reported after the award.
AI-generated analysis. How Rhea-AI works. Not financial advice.