On January 20, 2026, Evans Jae A, serving on the board of Isabella Bank Corporation (OTC:ISBA), expanded his investment in the company by acquiring 201 shares of common stock. The purchase was made at a price point of $49.58 per share, amounting to a total transaction value of $9,965. This transaction is particularly noteworthy considering ISBA stock has surged approximately 107% over the past year. The current trading price stands at $50.34 per share.
The acquisition was executed under the Isabella Bank Corporation And Related Companies Deferred Compensation Plan for Directors, which allows directors to accumulate shares in lieu of fees. Following this recent purchase, Mr. Jae’s aggregate holdings in Isabella Bank total 26,953.2488 shares. This includes shares accumulated through ongoing quarterly dividend reinvestment, demonstrating continued confidence in the institution.
Simultaneously, Isabella Bank Corporation made a strategic leadership update by appointing Gerald J. Ritzert as its new Chief Financial Officer. Mr. Ritzert, a Certified Public Accountant with more than three decades of experience in accounting and financial management, brings a wealth of expertise to the role. His professional background features extensive knowledge in areas critical to banking operations, such as asset-liability management, capital planning, investment portfolio optimization, and the preparation of strategic financial reports.
The implementation of this executive change is effective immediately and aligns with Isabella Bank’s intentions to fortify its financial management team. This move highlights the company’s commitment to elevating its financial oversight and strategic planning efforts, which may influence its operational direction going forward.