Independent Bank Corp (INDB) CEO logs 664-share insider transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Independent Bank Corp. CEO Jeffrey J. Tengel, who also serves as a director, reported a small change in his holdings of the company’s common stock. On February 6, 2026, a transaction coded “F” involved 664 shares at a price of $86.11 per share. Following this activity, he directly beneficially owned 39,270.9303 shares of common stock. His reported holdings include 83.0179 shares acquired through participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since his prior Form 4 filing dated February 24, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tengel Jeffrey J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 664 | $86.11 | $57K |
Holdings After Transaction:
Common Stock — 39,270.93 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did INDB CEO Jeffrey J. Tengel report?
Jeffrey J. Tengel reported a coded “F” transaction involving 664 shares of Independent Bank Corp. common stock at $86.11 per share on February 6, 2026. This filing reflects an administrative change in his directly held share balance rather than a large open-market trade.
Is Jeffrey J. Tengel both an officer and director of Independent Bank Corp. (INDB)?
Yes. The Form 4 identifies Jeffrey J. Tengel as both a director and an officer of Independent Bank Corp., with the officer title of Chief Executive Officer. The filing is made for a single reporting person in connection with his beneficial holdings.
What type of security is involved in Jeffrey J. Tengel’s INDB Form 4?
The Form 4 relates to Independent Bank Corp. common stock, reported in Table I as a non-derivative security. No derivative securities transactions are listed in Table II of this particular filing for Jeffrey J. Tengel.