{"filing":{"accession_number":"0000842517-26-000163","cik":"0000842517","ticker":"ISBA","company_name":"ISABELLA BANK CORP","form":"8-K","filing_date":"2026-06-16","report_date":null,"primary_document":"isba-20260616.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/842517/000084251726000163/isba-20260616.htm"},"events":[{"id":11239,"run_id":9857,"accession_number":"0000842517-26-000163","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Isabella Bank Corporation entered into an Equity Distribution Agreement with Piper Sandler \u0026 Co. to issue and sell up to $30 million of common stock through an \"at the market offering\" under Rule 415. This is a dilutive equity issuance that would materially affect existing shareholders through potential dilution. The $30 million offering size and explicit authorization for ATM sales and private placements are hallmarks of a dilutive_issuance event.","company_name":"ISABELLA BANK CORP","ticker":"ISBA","filing_date":"2026-06-16","form":"8-K","submitted_at":null,"items":[{"id":7787,"accession_number":"0000842517-26-000163","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Isabella Bank Corporation entered into an Equity Distribution Agreement with Piper Sandler \u0026 Co. to issue and sell up to $30 million of common stock through an \"at the market offering\" under Rule 415. This is a dilutive equity issuance that would materially affect existing shareholders through potential dilution. The $30 million offering size and explicit authorization for ATM sales and private placements are hallmarks of a dilutive_issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T13:17:06.823581+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7787,"accession_number":"0000842517-26-000163","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Isabella Bank Corporation entered into an Equity Distribution Agreement with Piper Sandler \u0026 Co. to issue and sell up to $30 million of common stock through an \"at the market offering\" under Rule 415. This is a dilutive equity issuance that would materially affect existing shareholders through potential dilution. The $30 million offering size and explicit authorization for ATM sales and private placements are hallmarks of a dilutive_issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T13:17:06.823581+00:00","company_name":"ISABELLA BANK CORP","ticker":"ISBA","filing_date":"2026-06-16"}]}