Behen David Brian 4

What Happened

• Director David Brian Behen acquired 242.033 shares of Isabella Bank Corporation (ISBA) on January 20, 2026 at $49.58 per share, for a reported value of $12,000. The transaction is reported as a purchase (code P) and was made pursuant to the Isabella Bank Corporation and Related Companies Deferred Compensation Plan for Directors.

Key Details

• Transaction date and price: Jan 20, 2026 — 242.033 shares @ $49.58 each (total ~$12,000).
• Acquisition method: Shares were acquired with director fees under the company’s deferred compensation plan (footnote F1).
• Ownership reporting: Filing notes that reported totals include shares from quarterly dividend reinvestment (footnote F2).
• Filing timeliness: The Form 4 was filed on Jan 23, 2026, three days after the transaction date; this appears to be later than the standard two-business-day Form 4 deadline.

Context

• This was a purchase (often considered a more informative insider action than a sale) and reflects conversion of director fees into company stock under a compensation plan rather than an open-market investment decision. As with all insider filings, this is factual reporting of the transaction and not a statement of intent or market prediction.