INDB (NASDAQ: INDB) reports planned resale of compensation-based common shares
Rhea-AI Filing Summary
The issuer of INDB common stock has a notice of potential resale filed for common shares listed on NASDAQ, with a reported quantity of 5307 and related figures including 444885.81 and 47618626, tied to a date of 08/03/2026.
The securities referenced trace to prior compensation-related grants, including stock option exercises on 02/02/2018 and 01/29/2021 and restricted stock awards on 02/12/2020, 03/03/2020, 03/12/2026, and 05/19/2026, with individual lots such as 1292, 511, 1596, 89, 977, and 842 reported for those respective dates.
Positive
- None.
Negative
- None.
Key Figures
Reported quantity: 5307
Associated figure: 444885.81
Associated figure: 47618626
+3 more
6 metrics
Reported quantity
5307
Listed in securities information section for INDB common stock
Associated figure
444885.81
Appears with the reported quantity and outstanding figure for INDB common stock
Associated figure
47618626
Appears with the reported quantity and date 08/03/2026 for INDB common stock
Related date
08/03/2026
Date listed with the INDB common stock securities information
Compensation lot
1292
Quantity linked to 02/02/2018 Stock Option Exercise compensation entry
Compensation lot
1596
Quantity linked to 03/03/2020 Restricted Stock compensation entry
Key Terms
Form 144, Restricted Stock, Stock Option Exercise
3 terms
Form 144 regulatory
"144: Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock financial
"Common Stock | 02/12/2020 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option Exercise financial
"Common Stock | 02/02/2018 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the INDB Form 144 filing indicate?
The Form 144 for INDB indicates a planned or potential resale of common stock, with a reported quantity of 5307 shares-equivalent and associated figures for value and outstanding securities tied to 08/03/2026.
How were the INDB securities in the Form 144 originally acquired?
The securities were acquired through compensation transactions, including Stock Option Exercise entries on 02/02/2018 and 01/29/2021 and Restricted Stock awards dated 02/12/2020, 03/03/2020, 03/12/2026, and 05/19/2026.
What specific compensation lots are listed in the INDB Form 144?
The filing lists several compensation lots, including 1292 (02/02/2018 stock option exercise), 511 (02/12/2020 restricted stock), 1596 (03/03/2020 restricted stock), 89 (01/29/2021 stock option exercise), 977 (03/12/2026 restricted stock), and 842 (05/19/2026 restricted stock).
On which market is the INDB common stock in this Form 144 listed?
The common stock referenced in the Form 144 for INDB is listed on NASDAQ, as indicated in the securities information section alongside the reported figures and date 08/03/2026.