RAHN JOEL F (Executive Vice President) exercised options at INDEPENDENT BANK CORP /MI/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/7/2026ACC: 0001371906-26-000003
Officer· Executive Vice President
Since Jan 2021
+449.00
Net shares
Net buyer
$42.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.15K acquired · 3.70K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+4.15K
Price / share
—
Trade value
—
% of position
15.6%
4/6/2026
26.65K→30.80K
Common Stock
Direct
Shares
−1.27K
Price / share
$33.78
Trade value
$42.90K
% of position
4.1%
4/6/2026
30.80K→29.53K
Total
Net shares
+2.88K
Net value
-$42.90K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/6/2026 | M · Option Exercise | +4.15K | — | — | 15.6% | 26.65K | 30.80K |
| Common Stock Direct | 4/6/2026 | F · Tax Withholding | −1.27K | $33.78 | $42.90K | 4.1% | 30.80K | 29.53K |
| Total | +2.88K | -$42.90K | ||||||
Derivative Transactions1
Performance Right
Direct
Converts to
Common Stock
Shares
−2.43K
Strike price
Held after
0.00
Exercisable
—
4/6/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Right Direct | Common Stock | 4/6/2026 | M · Option Exercise | −2.43K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned1.57K
Total
1.57K indirect1.57K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.57K | Indirect |
| Total | 1.57K | 1.57K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported