Isabella Bank director granted 8 ISBA shares
ISABELLA BANK CORP (ISBA) reported that director Brian B. Tessin received a grant or award of 8 shares of common stock on September 1, 2026, at a reported value of $38.55 per share.
Rhea-AI Filing Summary
ISABELLA BANK CORP (ISBA) reported that director Brian B. Tessin received a grant or award of 8 shares of common stock on September 1, 2026, at a reported value of $38.55 per share. Following this acquisition, he directly holds 1,070 common shares.
No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8 shares
Grant/Award
1 txn
Insider
Tessin Brian B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common | 8 | $38.55 | $308.40 |
Holdings After Transaction:
common — 1,070 shares (Direct)
Key Figures
Shares acquired: 8 shares
Reported value per share: $38.55 per share
Holdings after transaction: 1,070 shares
3 metrics
Shares acquired
8 shares
Grant or award of common stock on September 1, 2026
Reported value per share
$38.55 per share
Value assigned to the 8-share grant on September 1, 2026
Holdings after transaction
1,070 shares
Total direct common shares held by Brian B. Tessin after the acquisition
Key Terms
Rule 10b5-1, Grant, award, or other acquisition, direct ownership
3 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not affirmed 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.
Grant, award, or other acquisition financial
"The transaction code indicates a Grant, award, or other acquisition"
direct ownership financial
"The filing reports the common shares as held with direct ownership"
FAQ
What insider transaction did ISBA report for Brian B. Tessin?
ISABELLA BANK CORP reported that director Brian B. Tessin received a grant or award of 8 common shares on September 1, 2026, classified as an acquisition rather than an open-market purchase.
What are Brian B. Tessin’s ISBA holdings after this transaction?
After the September 1, 2026 acquisition, Brian B. Tessin directly holds 1,070 common shares of ISABELLA BANK CORP, as reported in the Form 4 filing.
Was the September 1, 2026 ISBA insider transaction under a Rule 10b5-1 plan?
No. The Form 4 for ISABELLA BANK CORP indicates the Rule 10b5-1 checkbox is not affirmed, so this reported acquisition was not made pursuant to a Rule 10b5-1 trading plan based on the filing data.
What role does Brian B. Tessin have at ISABELLA BANK CORP (ISBA)?
Brian B. Tessin is reported as a director of ISABELLA BANK CORP. The September 1, 2026 Form 4 filing reports his acquisition of additional common shares in this capacity.
AI-generated analysis. How Rhea-AI works. Not financial advice.