Independent Bank Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:IBCP Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
20 Nov 24	BuyUS$29,369	Gavin Mohr	Individual	800	US$36.71
12 Sep 24	SellUS$45,993	Christina Keller	Individual	1,400	US$32.94
03 Sep 24	SellUS$34,223	Stefanie Kimball	Individual	1,000	US$34.31
02 Aug 24	SellUS$32,763	Christina Keller	Individual	1,000	US$32.81
14 Jun 24	SellUS$56,688	Christina Keller	Individual	2,400	US$23.62
29 May 24	SellUS$41,629	Stefanie Kimball	Individual	1,700	US$24.50
29 Apr 24	SellUS$37,500	James Twarozynski	Individual	1,500	US$25.00

Insider Trading Volume

Insider Buying: IBCP insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of IBCP?
Owner Type	Number of Shares	Ownership Percentage
State or Government	11,771	0.0563%
Individual Insiders	492,488	2.36%
General Public	2,072,670	9.92%
Institutions	18,317,149	87.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.12% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.6%	BlackRock, Inc.	2,836,633	US$107.0m	-4.28%	no data
5.71%	The Vanguard Group, Inc.	1,192,954	US$45.0m	12%	no data
4.95%	FMR LLC	1,033,594	US$39.0m	7.2%	no data
4.6%	Dimensional Fund Advisors LP	961,202	US$36.3m	-2.45%	0.01%
3.85%	FJ Capital Management, LLC	805,367	US$30.4m	-33.6%	2.81%
3.1%	State Street Global Advisors, Inc.	647,579	US$24.4m	4.77%	no data
2.88%	Renaissance Technologies LLC	600,900	US$22.7m	1.03%	0.03%
2.39%	Geode Capital Management, LLC	499,546	US$18.8m	0.37%	no data
2.25%	American Century Investment Management Inc	469,676	US$17.7m	13%	0.01%
2.24%	LSV Asset Management	467,270	US$17.6m	-11.1%	0.03%
2.23%	Acadian Asset Management LLC	466,471	US$17.6m	10.1%	0.04%
1.96%	Manulife Asset Management	409,214	US$15.4m	-2.83%	0.01%
1.67%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	349,860	US$13.2m	64.6%	no data
1.67%	Principal Global Investors, LLC	349,650	US$13.2m	28.7%	0.01%
1.61%	JP Morgan Asset Management	336,595	US$12.7m	-21.2%	no data
1.54%	Allspring Global Investments, LLC	320,885	US$12.1m	-10.5%	0.02%
1.53%	PL Capital Advisors, LLC	318,985	US$12.0m	0%	3.77%
1.37%	Peregrine Capital Management, LLC	286,407	US$10.8m	-8.79%	0.27%
1.36%	Boston Partners Global Investors, Inc.	283,980	US$10.7m	590%	0.01%
1.26%	Hotchkis and Wiley Capital Management, LLC	264,090	US$10.0m	9.35%	0.03%
1.11%	Bridgeway Capital Management, LLC	231,230	US$8.7m	-13.4%	0.13%
1.09%	Russell Investment Management, LLC	227,059	US$8.6m	93.6%	0.01%
1.07%	Northern Trust Global Investments	224,554	US$8.5m	0.73%	no data
1.06%	Arrowstreet Capital, Limited Partnership	221,493	US$8.4m	21.1%	0.01%
1.05%	ProShare Advisors LLC	219,097	US$8.3m	1,890%	0.02%