How was the 784-share INDB grant to Maria S. Harris structured?

The 784 INDB common shares were issued at $0.00 per share upon vesting of a performance stock award. This represents stock-based compensation granted by Independent Bank Corp, increasing her direct ownership before the separate 211-share tax withholding disposition occurred.

INDB (INDB) HR chief receives stock award and withholds shares for taxes

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Form Type

Rhea-AI Filing Summary

INDEPENDENT BANK CORP Chief Human Resources Officer Maria S. Harris reported routine equity compensation activity. On March 12, 2026, she acquired 784 shares of common stock at $0.00 per share from the vesting of a performance stock award.

On the same date, 211 shares were disposed of at $74.0025 per share to Independent Bank Corp to cover tax withholding obligations, a non-market transaction. After these events, she directly owned 16,627.0831 shares, including 1,091.0831 shares held in her 401(k) account.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Harris Maria S

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	784	$0.00	--
Tax Withholding	Common Stock	211	$74.0025	$16K

Holdings After Transaction: Common Stock — 16,838.083 shares (Direct)

Footnotes (1)

Shares issued pursuant to vest of performance stock award granted to the Filer by Independent Bank Corp. Total Holdings include 1,091.0831 shares held in the Filer's 401(k) account. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.

Form 4 Insider Transactions: What Each Field Means →

03/16/2026 - 04:14 PM

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
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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^*

Harris Maria S

(Last)

(First)

(Middle)

C/O INDEPENDENT BANK CORP.

288 UNION STREET

(Street)

ROCKLAND

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 Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/12/2026		A		784⁽¹⁾	A	$0	16,838.0831⁽²⁾	D
Common Stock	03/12/2026		F		211⁽³⁾	D	$74.0025	16,627.0831⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares issued pursuant to vest of performance stock award granted to the Filer by Independent Bank Corp.

2. Total Holdings include 1,091.0831 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 Maria S. Harris	03/16/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did INDB executive Maria S. Harris report?

Maria S. Harris reported a routine compensation grant and related tax withholding. She received 784 common shares from a vested performance stock award and disposed of 211 shares to the company to satisfy tax obligations, with no open-market buying or selling activity disclosed.

How many INDB shares does Maria S. Harris hold after this Form 4?

After the reported transactions, Maria S. Harris directly holds 16,627.0831 INDB common shares. This total includes 1,091.0831 shares in her 401(k) account, showing that the tax withholding disposition only modestly reduced her overall equity position in the company.

Was the INDB Form 4 transaction a market sale or tax withholding?

The disposition in this Form 4 was a tax withholding, not a market sale. 211 shares were transferred back to Independent Bank Corp to satisfy tax obligations arising from a vested performance stock award, which is a standard, non-discretionary administrative transaction.

What price was used for the INDB tax-withholding shares?

The tax-withholding transaction used a price of $74.0025 per INDB share. At this price, 211 shares were delivered to Independent Bank Corp to cover Maria S. Harris’s tax liability from her performance stock award vesting, according to the Form 4 disclosure.