Independent Bank Corp. 8-K: Voluntary Board Departure Announced

Rhea-AI Filing Summary

Independent Bank Corp. (NASDAQ: INDB) filed an 8-K reporting the voluntary resignation of director Aparna Ramesh effective July 10, 2025. According to the filing, Ms. Ramesh’s departure is not the result of any disagreement with the Company, Rockland Trust, the Board or management. No additional board changes, committee reassignments, or compensation arrangements were disclosed. Other than the standard exhibit for the Inline XBRL cover page (Exhibit 104), the report contains no financial statements or further operational updates.

The filing is narrowly focused on a single corporate governance event and does not include earnings data, strategic initiatives, or transaction details. As such, investor impact appears limited and largely dependent on how shareholders value Ms. Ramesh’s expertise and board contributions.

Insights

Corporate Governance Expert

TL;DR: Routine board resignation; neutral impact given no disputes or strategic implications.

Board-level turnover always warrants attention, but the Company clearly states Ms. Ramesh resigned voluntarily without disagreement. There is no indication of committee chair roles lost or pending investigations, which mitigates governance risk. Absent further context on her specific expertise, this appears to be a standard personnel change rather than a signal of deeper issues. I assess the event as neutral; investors should monitor whether a replacement brings additional skills or diversity, but near-term valuation impact is minimal.

8-K7/10/2025INDEPENDENT BANK CORP.Massachusetts1-9047781878-61000000776901false00007769012025-07-102025-07-100000776901dei:MailingAddressMember2025-07-102025-07-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15 (d) of

The Securities and Exchange Act of 1934

DATE OF REPORT:

July 10, 2025

(Date of Earliest Event Reported)

Massachusetts

(State or Other Jurisdiction of Incorporation)

1-9047						04-2870273
(Commission File Number)						(I.R.S. Employer identification No.)

INDEPENDENT BANK CORP.

Office Address:

2036 Washington Street,

Hanover,

Massachusetts

02339

Mailing Address:

288 Union Street,

Rockland,

Massachusetts

02370

(Address of principal executive offices, including zip code)

NOT APPLICABLE

(Former Address of Principal Executive Offices)

(781)-878-6100

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each Class			Trading Symbol			Name of each exchange on which registered
Common Stock, $0.01 par value per share			INDB			NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17CFR 230.405)) or Rule 12b-2 of the Exchange Act (17CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange

Act. ☐

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENT OF CERTAIN OFFICERS

On July 10, 2025, Aparna Ramesh notified the Company and Rockland Trust of her voluntary decision to resign as director, effective July 10, 2025.

The voluntary decision of Ms. Ramesh was not due to any disagreement between her, the Company, Rockland Trust, the Board, or management.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

d. The following exhibits are included with this Report:

Exhibit Index
Exhibit #			Exhibit Description
104			Cover page interactive data file (formatted as inline XBRL and contained in Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned and hereunto duly authorized.

									INDEPENDENT BANK CORP.
Date:			July 11, 2025			By:			/s/Patricia Natale
									PATRICIA NATALE
									General Counsel

FAQ

Why did Independent Bank Corp. (INDB) file an 8-K on July 10, 2025?

To disclose the voluntary resignation of director Aparna Ramesh effective July 10, 2025.

Did Aparna Ramesh leave Independent Bank Corp. because of disagreements?

No. The 8-K states her resignation was not due to any disagreement with the Company, Rockland Trust, the Board, or management.

Are there any financial results or transactions included in this 8-K?

No. The filing strictly covers a governance change and contains no earnings data or transaction details.

What exhibit accompanies the July 10, 2025 8-K for INDB?

Only Exhibit 104—the cover page interactive data file formatted in inline XBRL—is included.

Will the resignation affect Independent Bank Corp.'s board operations?

The filing does not indicate any committee changes or operational impacts; therefore, no immediate effects are disclosed.