Richard E/ Butler, Senior Vice President at INDEPENDENT BANK CORP /MI/ (IBCP), sold 2,895 shares at $1.05 ($3K) on 2009-11-03, disclosed to the SEC on 2010-01-07.
Open-market sale of $3k IBCP by Senior Vice President. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.