Independent Bank Corp (IBCP) SVP reports sale of 489 shares and updated holdings
Rhea-AI Filing Summary
Independent Bank Corp. (IBCP) Senior Vice President James J. Twarozynski reported selling 489 shares of common stock on 2026-08-10 at $37.6686 per share in an open market or private transaction. After this sale, he directly holds 8,195 shares and indirectly holds 4,295.65 shares through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 489 shares
Net Sell
2 txns
Insider
TWAROZYNSKI JAMES J
Role
Senior Vice President
Sold
489 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 489 | $37.6686 | $18K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,195 shares (Direct);
Common Stock — 4,295.65 shares (Indirect, By ESOP)
Key Figures
Shares sold: 489 shares
Sale price per share: $37.6686 per share
Direct holdings after transaction: 8,195 shares
+2 more
5 metrics
Shares sold
489 shares
Common stock sale on 2026-08-10
Sale price per share
$37.6686 per share
Common stock sale on 2026-08-10
Direct holdings after transaction
8,195 shares
Common stock directly owned following sale
Indirect ESOP holdings
4,295.65 shares
Common stock held indirectly by ESOP
Net shares sold
489 shares
Net buy/sell direction reported as net-sell
Key Terms
Common Stock, ESOP, open market or private transaction
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ESOP financial
"nature_of_ownership: "By ESOP""
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did IBCP executive James J. Twarozynski report?
James J. Twarozynski reported a sale of 489 shares of Independent Bank Corp. common stock on 2026-08-10 at $37.6686 per share, categorized as a sale in an open market or private transaction.
What are James J. Twarozynski’s IBCP holdings after the reported sale?
Following the sale, he directly holds 8,195 shares of Independent Bank Corp. common stock and indirectly holds 4,295.65 shares through an ESOP, as reported in the Form 4 filing.
Is the IBCP insider transaction by James J. Twarozynski under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating a trading plan, so the reported sale is not identified as pursuant to a Rule 10b5-1 plan.
What role does James J. Twarozynski hold at Independent Bank Corp. (IBCP)?
James J. Twarozynski is reported as a Senior Vice President of Independent Bank Corp. He filed Form 4 to report a sale of common stock and his resulting direct and indirect shareholdings.