ISABELLA BANK (ISBA) Chief Credit Officer buys 103 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ISABELLA BANK CORP’s Chief Credit Officer, Jon D. Catlin, reported an open-market purchase of 103 shares of the company’s common stock at a price of $31.47 per share. Following this transaction, his directly owned position increased to 1,285.4153 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 103 shares ($3,241)
Net Buy
1 txn
Insider
Catlin Jon D
Role
Chief Credit Officer
Bought
103 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | common | 103 | $31.47 | $3K |
Holdings After Transaction:
common — 1,285.415 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did ISBA’s Jon D. Catlin report?
Jon D. Catlin reported buying 103 shares of ISABELLA BANK CORP common stock in an open-market transaction. This Form 4 filing reflects a routine insider purchase rather than a sale, slightly increasing his direct equity stake in the company.
What role does Jon D. Catlin hold at ISABELLA BANK CORP?
Jon D. Catlin serves as Chief Credit Officer at ISABELLA BANK CORP. His Form 4 filing discloses an open-market purchase of company stock, linking this transaction to a senior executive responsible for overseeing the institution’s credit risk and lending quality.
Was the reported ISBA insider transaction a purchase or sale?
The ISBA insider transaction was a purchase, not a sale. The Form 4 identifies it as an open-market purchase of 103 common shares, increasing the Chief Credit Officer’s direct holdings rather than reducing his ownership position in the company.