Independent Bank Corp, based in Michigan, recently filed a Form 4 with the Securities and Exchange Commission (SEC). The significance of this filing lies in the fact that Form 4 is required to be filed with the SEC whenever there are changes in the holdings of company insiders, such as directors and executives, or beneficial owners holding more than 10% of the company’s stock. This provides transparency to investors and helps prevent insider trading.
Independent Bank Corp is a bank holding company that owns and operates Independent Bank, a Michigan-based community bank. With over 70 branches across Michigan, the bank offers a range of financial services including personal and business banking, wealth management, and mortgage lending. Investors and stakeholders can find more information about Independent Bank Corp on their official website: Independent Bank Corp.
Overall, the filing of Form 4 by Independent Bank Corp indicates that there have been changes in the ownership of the company’s stock by insiders or major shareholders. This information is crucial for investors to track insider transactions and make informed decisions about their investments in the company.
Leave a Reply