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Isabella Bank (ISBA) Director Reports 25-Share Purchase

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

Rhea-AI Filing Summary

Isabella Bank Corp (ISBA) director Jae A. Evans reported an acquisition of 25 shares of common stock on 09/02/2025 at a price of $33.13 per share. After the transaction, the reporting person beneficially owned 32,591.0194 shares, a total that the filer notes includes shares acquired through quarterly dividend reinvestment. The Form 4 was signed by power of attorney on 09/04/2025. The filing indicates a direct ownership form for the reported shares.

Positive

  • Insider acquisition disclosed: Director acquired 25 shares on 09/02/2025 at $33.13, providing transparent reporting of insider activity.
  • Beneficial ownership documented: Reporting person beneficially owns 32,591.0194 shares, with a note that this includes dividend reinvestment.

Negative

  • None.

Insights

TL;DR: A small director purchase of 25 shares was recorded, increasing direct beneficial ownership to 32,591.0194 shares.

The Form 4 documents a routine insider acquisition rather than a large, material transaction. The purchase price of $33.13 and the small quantity (25 shares) suggest this was not a substantial capital commitment. The filing notes that the overall share total includes dividend reinvestment, indicating ongoing accumulation through company distributions. For investors, the data is factual disclosure of insider activity that maintains transparency.

TL;DR: Director-level disclosure complies with Section 16 reporting; transaction appears routine and properly reported.

The Form 4 shows the reporting person is a director and filed as an individual reporting person. The document includes a clear transaction code for an acquisition and a signature by power of attorney, which are standard in timely insider reporting. There are no indications of amendments or unusual derivative activity in this filing.

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)
09/02/2025
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 25 A $33.13 32,591.0194(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, By Power of Attorney 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.

FAQ

What transaction did the ISBA Form 4 report?

The Form 4 reports an acquisition of 25 shares of Isabella Bank Corp common stock on 09/02/2025 at $33.13 per share.

Who filed the Form 4 for ISBA?

Reporting person: Jae A. Evans, identified as a director; the form was signed by power of attorney on 09/04/2025.

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

32,591.0194 shares beneficially owned following the reported acquisition; the total includes shares from quarterly dividend reinvestment.

Does the filing show any derivative or option transactions for ISBA?

No. Table II for derivative securities contains no reported transactions in this filing.

Was this Form 4 filed jointly or by a single reporting person?

Form filed by one reporting person. The filing indicates it was submitted by a single reporting person.
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