Gerard F. Nadeau - 27 Jun 2025 Form 4 Insider Report for INDEPENDENT BANK CORP (INDB)

Role
Director
Signature
/s/ Maureen A. Gaffney, Power of Attorney for Gerard F. Nadeau
Issuer symbol
INDB
Transactions as of
27 Jun 2025
Net transactions value
-$23,800
Form type
4
Filing time
01 Jul 2025, 16:16:04 UTC
Previous filing
20 Mar 2025
Next filing
03 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nadeau Gerard F Director C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND /s/ Maureen A. Gaffney, Power of Attorney for Gerard F. Nadeau 01 Jul 2025 0001405590

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDB Common Stock Disposed to Issuer $0 -6,508 -18% $0.000000 29,831 27 Jun 2025 Direct F1
transaction INDB Common Stock Tax liability $23,800 -374 -1.3% $63.64 29,457 27 Jun 2025 Direct F1, F2
holding INDB Common Stock 263 27 Jun 2025 by Daughter F3
holding INDB Common Stock 265 27 Jun 2025 by Son F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Filer retired as President of Rockland Trust Company, wholly-owned subsidiary of Independent Bank Corp. (the "Company"), effective June 27, 2025, but retained his position as a Director of the Company. Due to terms of the Filer's various award agreements, shares of the Company were both vested and forfeited at the time of his retirement.
F2 Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
F3 Shares held in Filer's name f/b/o daughter. Holdings include 2.861 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (03/20/2025). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.
F4 Shares held in Filer's name f/b/o son. Holdings include 2.8862 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (03/20/2025). Such transactions are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.