Form 4: Independent Bank Corp /Mi/ Director Receives Stock Grant
Insider Transaction (Form 4)
Michael G. Wooldridge, a Director of Independent Bank Corp /Mi/, reported multiple transactions in common stock on August 14, 2026.
Summary
- Grant/award: acquired 3 Phantom Stock Units at $38.49 ($119) on August 14, 2026; holds 429 after (Direct).
- Grant/award: acquired 140 Phantom Stock Units at $31.72 ($4,448) on October 1, 2026; holds 569 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Michael G. Wooldridge — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Grant/award | Phantom Stock Units | 3.09 | $38 | $119 | 428.55 |
| 2026-10-01 | Grant/award | Phantom Stock Units | 140.23 | $32 | $4.4K | 568.78 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Grant/award (3 shares) |
| 2026-10-01 | Grant/award (140 shares) |
Keywords
insider transaction, Form 4, IBCP, INDEPENDENT BANK CORP /MI/, neutral, Michael G. Wooldridge
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