Independent Bank Corp (INDB) CEO logs 664-share insider transaction

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.

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

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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^*

Tengel Jeffrey J

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		F		664	D	$86.11	39,270.9303(1)	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. Holdings include 83.0179 shares acquired as a result of participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (2/24/2025), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.

Remarks:

	/s/ Maureen A. Gaffney, Power of Attorney for Jeffrey J. Tengel	02/10/2026
	** 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.
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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.

How many INDB shares does CEO Jeffrey J. Tengel own after this Form 4?

After the reported transaction, Jeffrey J. Tengel directly beneficially owned 39,270.9303 shares of Independent Bank Corp. common stock. This figure incorporates both his prior holdings and additional shares accumulated, as detailed in the accompanying explanatory footnote to the filing.

What was the price per share in the reported INDB insider transaction?

The reported transaction used a price of $86.11 per share for 664 shares of Independent Bank Corp. common stock. This price is disclosed in the Form 4 table and is used to value the shares involved in the coded “F” transaction.

What does the Form 4 footnote say about Tengel’s INDB share accumulation?

The footnote states Tengel’s holdings include 83.0179 shares acquired through the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since his last Form 4 on February 24, 2025. These plan-related acquisitions are exempt from Section 16 reporting requirements.

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.