Insider plans INDB common stock sale (NASDAQ: INDB)

Rhea-AI Filing Summary

An insider of INDB has filed a Form 144 notice to sell 1,988 shares of common stock on the NASDAQ around 02/05/2026, with an aggregate market value of $169,417.36. The filing notes that 49,243,813 shares of common stock were outstanding. The shares to be sold were previously acquired through restricted stock vesting as compensation in 2021 and 2022, directly from the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	NA NA NA XX NA	1988	169417.36	49243813	02/05/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/24/2022	Restricted Stock Vesting	Issuer			623	05/24/2022	Compensation
Common Stock	05/25/2021	Restricted Stock Vesting	Issuer			640	05/25/2021	Compensation
Common Stock	05/24/2021	Restricted Stock Vesting	Issuer			725	05/24/2021	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the INDB Form 144 filing disclose about planned share sales?

The Form 144 shows a planned sale of 1,988 shares of INDB common stock on the NASDAQ around 02/05/2026. The shares have an aggregate market value of $169,417.36, indicating a relatively small insider transaction compared with total shares outstanding.

How many INDB shares are outstanding compared with the Form 144 sale?

The filing states that 49,243,813 shares of INDB common stock are outstanding. The insider plans to sell 1,988 shares, a small fraction of the total. This context helps investors gauge the relative size of the proposed sale.

How were the INDB shares in the Form 144 originally acquired?

The shares were acquired through restricted stock vesting from the issuer as compensation. Vesting dates include 05/24/2022, 05/25/2021, and 05/24/2021. These awards reflect equity-based pay rather than open-market purchases by the filer.

On which exchange and date are the INDB Form 144 shares expected to be sold?

The Form 144 indicates the common stock is to be sold on the NASDAQ with an approximate sale date of 02/05/2026. This date is an estimate and reflects when the insider expects to begin executing the planned transaction.

What is the aggregate market value of INDB shares in this Form 144?

The filing reports an aggregate market value of $169,417.36 for the 1,988 INDB common shares planned for sale. This figure helps investors understand the dollar size of the proposed insider transaction at the time of the notice.

Does the INDB Form 144 mention any recent insider sales in the last three months?

The Form 144 includes a section for securities sold during the past three months, but no specific transactions are listed in the provided content. The focus here is on the planned sale of 1,988 shares disclosed in the notice.