Form 4: Independent Bank Corp /Mi/ CEO Sells Shares
Insider Transaction (Form 4)
William B Kessel, President & CEO and a Director of Independent Bank Corp /Mi/, sold 2,000 shares of common stock on September 15, 2026.
Summary
- Open-market sale: disposed of 100 Common Stock at $37.10 ($3,710) on September 15, 2026; holds 159,736 after (Direct).
- Open-market sale: disposed of 194 Common Stock at $37.17 ($7,211) on September 15, 2026; holds 159,542 after (Direct).
- Open-market sale: disposed of 200 Common Stock at $37.18 ($7,436) on September 15, 2026; holds 159,342 after (Direct).
- Open-market sale: disposed of 195 Common Stock at $37.19 ($7,252) on September 15, 2026; holds 159,147 after (Direct).
- Open-market sale: disposed of 106 Common Stock at $37.25 ($3,948) on September 15, 2026; holds 159,041 after (Direct).
- Open-market sale: disposed of 405 Common Stock at $37.30 ($15,106) on September 15, 2026; holds 158,636 after (Direct).
- Open-market sale: disposed of 600 Common Stock at $37.36 ($22,416) on September 15, 2026; holds 158,036 after (Direct).
- Open-market sale: disposed of 100 Common Stock at $37.38 ($3,738) on September 15, 2026; holds 157,936 after (Direct).
- Open-market sale: disposed of 100 Common Stock at $37.41 ($3,741) on September 15, 2026; holds 157,836 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $74,559 of stock on the open market.
Insider Transactions
William B Kessel — Director, Officer (President & CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Open-market sale | Common Stock | 100 | $37 | $3.7K | 159,736 |
| 2026-09-15 | Open-market sale | Common Stock | 194 | $37 | $7.2K | 159,542 |
| 2026-09-15 | Open-market sale | Common Stock | 200 | $37 | $7.4K | 159,342 |
| 2026-09-15 | Open-market sale | Common Stock | 195 | $37 | $7.3K | 159,147 |
| 2026-09-15 | Open-market sale | Common Stock | 106 | $37 | $3.9K | 159,041 |
| 2026-09-15 | Open-market sale | Common Stock | 405 | $37 | $15.1K | 158,636 |
| 2026-09-15 | Open-market sale | Common Stock | 600 | $37 | $22.4K | 158,036 |
| 2026-09-15 | Open-market sale | Common Stock | 100 | $37 | $3.7K | 157,936 |
| 2026-09-15 | Open-market sale | Common Stock | 100 | $37 | $3.7K | 157,836 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Open-market sale (100 shares) |
| 2026-09-15 | Open-market sale (194 shares) |
| 2026-09-15 | Open-market sale (200 shares) |
| 2026-09-15 | Open-market sale (195 shares) |
| 2026-09-15 | Open-market sale (106 shares) |
| 2026-09-15 | Open-market sale (405 shares) |
| 2026-09-15 | Open-market sale (600 shares) |
| 2026-09-15 | Open-market sale (100 shares) |
| 2026-09-15 | Open-market sale (100 shares) |
Keywords
insider transaction, Form 4, IBCP, INDEPENDENT BANK CORP /MI/, bearish, William B Kessel
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