Kathryn O'Malley - 14 Feb 2025 Form 4 Insider Report for INDEPENDENT BANK CORP (INDB)

Signature
/s/ Maureen A. Gaffney, Power of Attorney for Kathryn O'Malley
Issuer symbol
INDB
Transactions as of
14 Feb 2025
Net transactions value
+$2,515
Form type
4
Filing time
19 Feb 2025, 16:10:36 UTC
Previous filing
26 Feb 2024
Next filing
21 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDB Common Stock Award $16,069 +234 +2.8% $68.67 8,546 14 Feb 2025 Direct F1, F2, F3, F4
transaction INDB Common Stock Tax liability $7,117 -103 -1.2% $69.09 8,443 16 Feb 2025 Direct F3, F4, F5
transaction INDB Common Stock Tax liability $3,316 -48 -0.57% $69.09 8,395 17 Feb 2025 Direct F3, F4, F5
transaction INDB Common Stock Tax liability $3,120 -45 -0.54% $69.34 8,350 18 Feb 2025 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired under the Company's 401(k) Restoration Plan.
F2 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $68.665 through $68.68 per share, inclusive. The Filer undertakes to provide Independent Bank Corp., any security holder of Independent Bank Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 Total Holdings include 357.6933 shares held in the Filer's 401(k) account.
F4 Holdings include 59.2855 shares acquired as a result of participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (2/26/2024), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
F5 Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.