Independent Bank director buys 500 shares
Independent Bank Corp director Dennis W. Archer Jr reported buying a total of 500 shares of common stock on November 21, 2025, in two open-market purchases at $31.57 and $31.5783 per share.
Rhea-AI Filing Summary
Independent Bank Corp director Dennis W. Archer Jr reported buying a total of 500 shares of common stock on November 21, 2025, in two open-market purchases at $31.57 and $31.5783 per share. After these transactions, he directly holds 11,500 shares of the company’s common stock.
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Negative
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Insider Trade Summary
Net Buyer: 500 shares
Net Buy
2 txns
Insider
Archer Dennis W. Jr
Role
Director
Bought
500 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 212 | $31.57 | $7K |
| Purchase | Common Stock | 288 | $31.5783 | $9K |
Holdings After Transaction:
Common Stock — 11,500 shares (Direct)
Key Figures
Total shares purchased: 500 shares
First purchase tranche: 212 shares at $31.57
Second purchase tranche: 288 shares at $31.5783
+1 more
4 metrics
Total shares purchased
500 shares
Aggregate common stock bought by the director on November 21, 2025
First purchase tranche
212 shares at $31.57
Non-derivative common stock purchase reported as an open-market or private transaction
Second purchase tranche
288 shares at $31.5783
Additional non-derivative common stock purchase on the same date
Post-transaction holdings
11,500 shares
Director’s direct common stock holdings after the reported transactions
Key Terms
Form 4, open market or private transaction, direct ownership
3 terms
Form 4 regulatory
"reported in a Form 4 insider transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open market or private transaction financial
"classified as a purchase in an open market or private transaction"
direct ownership financial
"shares are held as direct ownership by the director"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IBCP report for Dennis W. Archer Jr?
Independent Bank Corp (IBCP) reported that director Dennis W. Archer Jr bought a total of 500 shares of common stock on November 21, 2025, in two open-market purchases at prices around $31.57 per share.
Was the IBCP Form 4 transaction a purchase or a sale?
The Form 4 for Independent Bank Corp (IBCP) shows only buy transactions. The director executed two open-market purchases totaling 500 shares, with no reported sales, gifts, or derivative exercises in this filing.
Is the IBCP director’s ownership in this Form 4 direct or indirect?
The reported 11,500 shares of Independent Bank Corp common stock are held as direct ownership by director Dennis W. Archer Jr, meaning they are not reported through a trust, LLC, or other indirect entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.