Company: ISBA
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000842517-25-000135
Chunk: 4

Company: ISABELLA BANK CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 4
Chunk 4
---
 Part I, Item 1A of our 2024 Annual Report on Form 10-K.

An active public trading market may not be sustained.

We completed our Nasdaq uplisting, and the Company’s common stock began trading on the Nasdaq Capital Market, on May 12, 2025. An active trading market for shares of our common stock may not be sustained. If an active trading market is not sustained, you may have difficulty selling your shares of our common stock at an attractive price, or at all. Consequently, you may not be able to sell your shares of our common stock at or above an attractive price at the time that you would like to sell.

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities.

(A)None

(B)None

(C)Repurchases of Common Stock

We have adopted and publicly announced a common stock repurchase program. The repurchase program was last amended on April 30, 2025, to allow for the repurchase of an additional 500,000 shares of common stock after that date. These authorizations do not have expiration dates. As common shares are repurchased under this repurchase program, they are retired with the status of authorized, but unissued, shares.

The following table provides information for the three-month period ended June 30, 2025, with respect to the Corporation's share repurchase activity: Common Shares RepurchasedTotal Number of Common Shares Purchased as Part of Publicly Announced Plan or ProgramMaximum Number of Common Shares That May Yet Be Purchased Under the Plans or ProgramsNumberAverage PricePer Common ShareMarch 31, 202572,647 April 1 - 3034,199 $23.54 34,199 38,448 Additional Authorization (500,000 shares)— — — 538,448 May 1 - 3111,240 27.40 11,240 527,208 June 1 -3012,385 $31.65 12,385 514,823 June 30, 202557,824 $26.03 57,824 514,823 

Item 3. Defaults Upon Senior Securities.

Not applicable.

58