Isabella Bank (ISBA) Director Reports 25-Share Purchase
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.