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
29 Apr 24	SellUS$37,500	James Twarozynski	Individual	1,500	US$25.00
31 Jul 23	SellUS$40,991	Stefanie Kimball	Individual	2,000	US$20.66
10 May 23	BuyUS$28,600	Terance Beia	Individual	1,831	US$15.62
04 May 23	BuyUS$115,549	Dennis Archer	Individual	6,000	US$24.14
03 May 23	BuyUS$36,520	Gavin Mohr	Individual	2,200	US$16.60

Insider Trading Volume

Insider Buying: IBCP insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of IBCP?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	5,382	0.0257%
State or Government	19,649	0.094%
Individual Insiders	501,700	2.4%
Hedge Funds	1,288,658	6.16%
General Public	3,307,553	15.8%
Institutions	15,780,735	75.5%

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

Top Shareholders

Top 25 shareholders own 65.97% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14%	BlackRock, Inc.	2,924,250	US$72.6m	0.74%	no data
6.16%	FJ Capital Management, LLC	1,288,658	US$32.0m	0%	3.48%
5.11%	The Vanguard Group, Inc.	1,067,691	US$26.5m	3.04%	no data
4.68%	Dimensional Fund Advisors LP	977,832	US$24.3m	1.45%	no data
3.75%	FMR LLC	784,473	US$19.5m	1.37%	no data
2.87%	State Street Global Advisors, Inc.	599,800	US$14.9m	-3.73%	no data
2.78%	Renaissance Technologies LLC	581,500	US$14.4m	-6.29%	0.02%
2.57%	LSV Asset Management	536,870	US$13.3m	-6.58%	0.03%
2.2%	Geode Capital Management, LLC	460,494	US$11.4m	4.31%	no data
2.09%	Manulife Asset Management	435,969	US$10.8m	-3.81%	0.01%
2.05%	JP Morgan Asset Management	427,901	US$10.6m	-4.98%	no data
1.98%	Allspring Global Investments, LLC	413,540	US$10.3m	3.68%	0.01%
1.61%	Peregrine Capital Management, LLC	336,924	US$8.4m	5.8%	0.22%
1.57%	PL Capital Advisors, LLC	328,985	US$8.2m	-3.52%	3.04%
1.57%	Hotchkis and Wiley Capital Management, LLC	327,710	US$8.1m	-15.1%	0.03%
1.35%	American Century Investment Management Inc	282,051	US$7.0m	20.5%	no data
1.35%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	281,465	US$7.0m	15.7%	no data
1.29%	Principal Global Investors, LLC	270,146	US$6.7m	12.5%	no data
1.16%	Bridgeway Capital Management, LLC	241,924	US$6.0m	6.06%	0.1%
1.07%	Northern Trust Global Investments	224,417	US$5.6m	0.36%	no data
1.04%	Acadian Asset Management LLC	218,075	US$5.4m	0%	0.02%
1.02%	Columbia Management Investment Advisers, LLC	213,731	US$5.3m	-16.1%	no data
1.02%	Foundry Partners, LLC	212,565	US$5.3m	-1.84%	0.3%
0.86%	BNY Mellon Asset Management	179,926	US$4.5m	-3.1%	no data
0.83%	Arrowstreet Capital, Limited Partnership	173,744	US$4.3m	-0.77%	no data