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Independent Bank Corp (INDB) officer awarded 2,050 shares, disposes some for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INDEPENDENT BANK CORP Chief Credit Officer Kathryn O'Malley reported an equity award and related tax withholding transactions in company stock. On February 19, 2026, she acquired 2,050 shares of common stock as a grant of time-vesting restricted stock at no cash cost. On February 20 and 22, 2026, she disposed of 143 shares and 148 shares, respectively, back to Independent Bank Corp. to satisfy tax withholding obligations at $82.3975 per share. Following these transactions, she directly owned 11,383.1556 shares of common stock, including 397.8208 shares held in her 401(k) account.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
O'MALLEY KATHRYN

(Last) (First) (Middle)
C/O INDEPENDENT BANK CORP.
288 UNION STREET

(Street)
ROCKLAND MA 02370

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/19/2026 A 2,050(1) A $0 11,674.1556(2) D
Common Stock 02/20/2026 F 143(3) D $82.3975 11,531.1556(2) D
Common Stock 02/22/2026 F 148(3) D $82.3975 11,383.1556(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Independent Bank Corp. awarded Time Vesting Restricted Stock to the Filer.
2. Total Holdings include 397.8208 shares held in the Filer's 401(k) account.
3. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
Remarks:
/s/ Maureen A. Gaffney, Power of Attorney for Kathryn O'Malley 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did INDB Chief Credit Officer Kathryn O'Malley report?

Kathryn O'Malley reported receiving a grant of 2,050 shares of Independent Bank Corp. common stock, then disposing of 143 and 148 shares in separate transactions to cover tax withholding obligations. All transactions involved directly owned common stock.

Was the INDB insider transaction a stock sale on the open market?

The dispositions reported by Kathryn O'Malley were not open-market sales. Shares were surrendered back to Independent Bank Corp. to satisfy tax withholding obligations related to an equity award, according to the transaction code F and related footnote.

How many Independent Bank Corp. shares did the insider acquire in this Form 4?

Kathryn O'Malley acquired 2,050 shares of Independent Bank Corp. common stock as a grant of time-vesting restricted stock. The award carried a reported price of $0.0000 per share, indicating it was granted rather than purchased in the market.

How many INDB shares did the insider dispose of to cover taxes?

To satisfy tax withholding obligations, Kathryn O'Malley disposed of 143 shares on February 20, 2026 and 148 shares on February 22, 2026. Both transactions were coded F, indicating payment of tax liability by delivering shares to the issuer.

What is Kathryn O'Malley’s total INDB share ownership after these transactions?

After the reported equity award and tax-withholding dispositions, Kathryn O'Malley directly owned 11,383.1556 shares of Independent Bank Corp. common stock. This total includes 397.8208 shares held in her 401(k) account, as disclosed in the footnotes.

What type of equity award did INDB grant to the Chief Credit Officer?

Independent Bank Corp. granted Kathryn O'Malley time-vesting restricted stock totaling 2,050 shares. A footnote explains that the company awarded Time Vesting Restricted Stock, indicating the shares will vest over time rather than being immediately unrestricted.
Independent Bk Corp Mass

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