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

Company: ISABELLA BANK CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part II, Item 2
Chunk 10
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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.

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Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Securities Trading Plans of Executive Officers

During the fiscal quarter ended June 30, 2025, none of the Corporation’s directors or officers adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” in each case as defined in Item 408 of Regulation S-K.

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Item 6. Exhibits.

(a) Exhibits

Exhibit NumberExhibits3.1Amended Articles of Incorporation (1)3.2Amendment to the Articles of Incorporation (2)3.3Amendment to the Articles of Incorporation (3)3.4Amendment to