JOSEPH C. LERNER - 01 Jul 2025 Form 4 Insider Report for INDEPENDENT BANK CORP (INDB)

Role: Director
Signature: /s/ Maureen A. Gaffney, Power of Attorney for Joseph C. Lerner
Issuer symbol: INDB
Transactions as of: 01 Jul 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Jul 2025, 16:39:21 UTC
Previous filing: 21 Jun 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LERNER JOSEPH C	Director	C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND	/s/ Maureen A. Gaffney, Power of Attorney for Joseph C. Lerner	03 Jul 2025	0001664511

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INDB	Common Stock	Award		+17,387			17,387	01 Jul 2025	Direct	F1, F2
transaction	INDB	Common Stock	Award	$0	+938	+5.4%	$0.000000	18,325	01 Jul 2025	Direct	F3
transaction	INDB	Common Stock	Award		+4,950			4,950	01 Jul 2025	Family Limited Partnership	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares issued in exchange for 28,979 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp.
F2	On the last trading day prior to the effective date of the merger, the closing price of Enterprise Bancorp, Inc. common stock was $39.64 per share, and the closing price of Independent Bank Corp.'s common stock was $62.885 per share.
F3	Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.
F4	Shares issued in exchange for 8,250 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp.