David Lynch - 01 Jul 2025 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jul 2025, 15:44:56 UTC
Prior SEC filing
15 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joseph R. Lussier as attorney-in-fact for David Lynch

Key filing fact

David Lynch filed Form 4 for ENTERPRISE BANCORP INC /MA/ (EBTC) on 01 Jul 2025.

Key facts

  • This page summarizes David Lynch's Form 4 filing for ENTERPRISE BANCORP INC /MA/ (EBTC).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Jul 2025, 15:44.

Change

  • Previous filing in this sequence was filed on 15 May 2025.
  • Current net transaction value: -$91,132.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002068029 Primary reporting owner

LYNCH DAVID

Relationship
EVP - Principal Subsidiary
Address
C/O ENTERPRISE BANCORP, INC., 222 MERRIMACK STREET, LOWELL
Signature
/s/ Joseph R. Lussier as attorney-in-fact for David Lynch
Signature date
01 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EBTC transaction

Common Stock

Tax liability

Transaction value
$91,132
Shares
-2,299
Change %
-25%
Price
$39.64
Shares after
6,826
Date
01 Jul 2025
Ownership
Direct
Footnotes
F1
EBTC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-6,826
Change %
-100%
Price
Shares after
0
Date
01 Jul 2025
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David Lynch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

In accordance with the Merger Agreement, all unvested shares of restricted stock automatically vested in full at the Effective Time (as defined in the Merger Agreement) to the extent not previously forfeited, and was considered outstanding shares of Enterprise common entitled to receive the Merger Consideration (as defined in the Merger Agreement).

Footnote F2

Pursuant to the Agreement and Plan of Merger, dated as of December 8, 2024 (the "Merger Agreement"), by and among Enterprise Bancorp, Inc. ("Enterprise"), Enterprise Bank and Trust Company, Independent Bank Corp. ("Independent") and Rockland Trust Company, each issued and outstanding share of Enterprise common stock was converted into the right to receive (i) $2.00 in cash and (ii) 0.60 shares of Independent common stock (subject to the payment of cash in lieu of fractional shares).

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