[Form 4] Isabella Bank Corporation Common stock Insider Trading Activity

Rhea-AI Filing Summary

Jerome E. Schwind, who serves as a director and as President & CEO of Isabella Bank Corp (ISBA), reported a small open-market purchase of the company's common stock. The transaction shows an acquisition of 133 shares at $33.13 per share, recorded as a purchase under the Form 4. After this transaction, Mr. Schwind's beneficial ownership is reported as 32,343.1236 shares (direct).

The filing notes that the reported total includes shares acquired through the company's quarterly dividend reinvestment plan. The disclosure is a routine Section 16 insider transaction showing ongoing insider participation in the company's dividend reinvestment program rather than a material change in ownership.

Positive

• Insider purchase reported, indicating the CEO/director is adding to their stake via open-market acquisition
• Dividend reinvestment participation shows continued reinvestment of income into company equity

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased a small number of shares; ownership remains proportionally unchanged and is not materially dilutive.

The purchase of 133 shares at $33.13 is immaterial relative to reported beneficial ownership of 32,343.1236 shares. This looks like a routine insider purchase combined with dividend reinvestment rather than a strategic accumulation. From a quantitative standpoint, the transaction does not materially change ownership percentages or capital structure and is unlikely to affect near-term valuation metrics.

Corporate Governance Expert

TL;DR: Disclosure consistent with Section 16 requirements; reflects typical insider participation in dividend reinvestment.

The Form 4 properly reports the acquisition and identifies the reporting person as both a director and the President & CEO. The note that the total includes dividend reinvestment is important for transparency. There are no indicators of unusual timing, related-party transactions, or beneficial ownership shifts that would raise governance concerns.

Insider Trade Summary

Net Buyer: 133 shares

Net Buy 1 txn

Insider Schwind Jerome E

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	common	133	$33.13	$4K

Holdings After Transaction: common — 32,343.1236 shares (Direct)

Footnotes (1)

1. F1. Includes shares acquired through quarterly dividend reinvestment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 09/04/2025 - 04:30 PM Learn about SEC filing dates

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^*

Schwind Jerome E

(Last) (First) (Middle)

1280 QUEENSWAY

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		A		133	A	$33.13	32,343.1236(1)	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:

1. Includes shares acquired through quarterly dividend reinvestment.

Remarks:

	/s/ Jerome E. Schwind	09/04/2025
	** 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.