Estate-related share gifts disclosed by Independent Bank (INDB) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Independent Bank Corp. director Ken S. Ansin reported an estate-related gift of company shares. A trust for Ronald M. Ansin family members made a bona fide gift transfer of 32,303 shares of Independent Bank common stock on February 11, 2026, at a stated price of $0 per share, to organizations in connection with the settlement of a family member's estate.
Following this transaction, the trust held 171,104 shares indirectly attributed to Ansin. The filing also lists additional direct and indirect holdings in various family and other trusts and shares held by his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
32,303 shares gifted
Mixed
7 txns
Insider
ANSIN KEN S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 32,303 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 171,104 shares (Indirect, Trust for Ronald M. Ansin Family Members);
Common Stock — 5,095 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did INDB director Ken S. Ansin report?
Ken S. Ansin reported a bona fide gift transfer of 32,303 Independent Bank Corp. common shares. The shares were gifted from a family trust to organizations, in connection with settling a family member's estate, and were reported at a price of $0 per share.
Was the reported INDB insider transaction a sale or a gift?
The reported transaction was a bona fide gift, not a sale. A trust associated with director Ken S. Ansin transferred 32,303 Independent Bank Corp. common shares to organizations, in connection with settling a family member's estate, at a stated price of $0 per share.