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Isabella Bank (ISBA) Form 4: Director sale of 2,976 shares on 09/05/2025

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Isabella Bank Corp director Jae A. Evans reported a sale of 2,976 common shares on 09/05/2025 at a price of $31.30 per share. After the transaction the reporting person beneficially owned 29,615.0194 shares. The Form 4 was signed by power of attorney on 09/08/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider sale by a director; size appears modest relative to public companies and likely neutral for valuation.

The filing documents a single open-market sale of 2,976 shares by a director at $31.30 on 09/05/2025, leaving 29,615.0194 shares beneficially owned. There are no options, grants, or derivative transactions disclosed. No indication of a scheduled plan (e.g., 10b5-1) is checked. Absent additional context on total outstanding shares or company-specific material events, this appears to be a routine disclosure rather than a material corporate development.

TL;DR: Disclosure is complete for the reported sale; no governance red flags appear in this Form 4.

The Form 4 shows the reporting person is a director and filed individually. The signature was provided by a power of attorney on 09/08/2025. There are no amendments, derivative holdings, or indications of coordinated group filings. From a governance and compliance standpoint the form meets Section 16 reporting requirements for the stated transaction.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Evans Jae A

(Last) (First) (Middle)
1030 CLUBHOUSE DRIVE

(Street)
LAKE ISABELLA MI 48893

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ISABELLA BANK CORP [ ISBA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
common 09/05/2025 S 2,976 D $31.3 29,615.0194 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Jerome E. Schwind, By Power of Attorney 09/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did ISBA director Jae A. Evans report on Form 4?

The director reported an open-market sale of 2,976 common shares on 09/05/2025 at $31.30 per share.

How many ISBA shares does the reporting person own after the sale?

After the reported transaction the reporting person beneficially owned 29,615.0194 shares.

Was a 10b5-1 trading plan indicated on the Form 4 for ISBA?

No checkbox or statement in the provided Form 4 indicates the transaction was made pursuant to a 10b5-1 plan.

Who signed the Form 4 for the ISBA reporting person and when?

The Form 4 was signed by Jerome E. Schwind by power of attorney on 09/08/2025.

Does the Form 4 disclose any derivative transactions for ISBA?

No. The filed Form 4 shows only a non-derivative sale of common stock; Table II for derivatives is empty.
Isabella

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