---
schema_version: "secwatch.filing_event.v1"
accession: "0000842517-26-000163"
form_type: "8-K"
ticker: "ISBA"
cik: "0000842517"
company_name: "ISABELLA BANK CORP"
filed_at: "2026-06-16T13:16:01+00:00"
generated_at: "2026-06-16T13:17:09.186381+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Isabella Bank Corp enters $30M ATM equity distribution agreement with Piper Sandler

## Summary
- Up to $30M of common stock may be sold at-the-market through Piper Sandler & Co.
- Commission of up to 3.0% of gross sales price payable to agent.
- Proceeds for general corporate purposes, including capital contribution to bank for lending.
- Issued under existing shelf registration statement (S-3) effective April 23, 2026.
- No obligation to sell; agreement can be terminated by either party.

## SEC filing metadata
- accession: 0000842517-26-000163
- form_type: 8-K
- ticker: ISBA
- cik: 0000842517
- company_name: ISABELLA BANK CORP
- filed_at: 2026-06-16T13:16:01+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842517/000084251726000163/0000842517-26-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842517/000084251726000163/isba-20260616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842517-26-000163
- JSON: https://secwatch.observer/filing/0000842517-26-000163.json
- Plain text: https://secwatch.observer/filing/0000842517-26-000163.txt

## Key facts
- Material Agreements
  ISABELLA BANK CORP entered into Equity Distribution Agreement with Piper Sandler & Co. valued at $30,000,000 (effective 2026-06-16).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Piper Sandler & Co.
  - Value: $30,000,000
  - Effective: 2026-06-16
  source text: On June 16, 2026, Isabella Bank Corporation, a Michigan corporation (the “Company”), and its wholly-owned subsidiary, Isabella Bank, a Michigan state-chartered bank (the “Bank”), entered into an Equity Distribution Agreement (the “Agreement”) with Piper Sandler & Co., as sales agent (the “Agent”), pursuant to which the Company may issue and sell from time to time through the Agent, shares of the Company's common stock, no par value per share (the “Common Stock”), having an aggregate gross sales price of up to $30,000,000 (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/842517/000084251726000163/0000842517-26-000163-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.