Isabella Bank Corp (ISBA) director buys additional common shares
Rhea-AI Filing Summary
Isabella Bank Corp director Jill Bourland purchased 7.6785 shares of common stock on July 16, 2026 at $39.0700 per share in a transaction classified as a purchase in an open market or private transaction. Following this trade, she directly owns 5,892.0810 shares of Isabella Bank Corp common stock. The Rule 10b5-1 trading plan checkbox on the Form 4 was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7.679 shares ($300)
Net Buy
1 txn
Insider
Bourland Jill
Role
Director
Bought
7.679 shs ($300.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | common | 7.679 | $39.07 | $300.00 |
Holdings After Transaction:
common — 5,892.081 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 7.6785 shares of common stock
Purchase price per share: $39.0700
Shares owned after transaction: 5,892.0810 shares
+1 more
4 metrics
Shares purchased
7.6785 shares of common stock
Non-derivative purchase on July 16, 2026
Purchase price per share
$39.0700
Price paid for each common share acquired on July 16, 2026
Shares owned after transaction
5,892.0810 shares
Directly held Isabella Bank Corp common stock after the reported trade
Transaction date
July 16, 2026
Date of the insider’s non-derivative common stock purchase
Key Terms
Form 4, Rule 10b5-1, non-derivative, open market or private transaction
4 terms
Form 4 regulatory
"Insider transaction reported on <b>Form 4</b> for Isabella Bank Corp."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 regulatory
"The <b>Rule 10b5-1</b> trading plan checkbox was not selected."
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.
non-derivative financial
"The transaction involved <b>non-derivative</b> common stock of Isabella Bank Corp."
open market or private transaction financial
"Code P indicates an <b>open market or private transaction</b> purchase."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Isabella Bank Corp (ISBA) report in this Form 4?
Isabella Bank Corp reported that director Jill Bourland purchased 7.6785 shares of common stock on July 16, 2026 at $39.0700 per share, in a transaction classified as a purchase in an open market or private transaction.
Was the ISBA insider purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not selected, meaning the reported purchase of 7.6785 shares at $39.0700 per share was not affirmed as part of a pre-arranged Rule 10b5-1 trading plan.
Did the Isabella Bank Corp (ISBA) insider trade involve derivative or non-derivative securities?
The reported transaction involved non-derivative securities, specifically Isabella Bank Corp common stock. Director Jill Bourland bought 7.6785 common shares, bringing her directly held common stock position to 5,892.0810 shares after the transaction.