Director at Independent Bank (NASDAQ: INDB) receives 842 restricted shares

Rhea-AI Filing Summary

LERNER JOSEPH C reported acquisition or exercise transactions in this Form 4 filing.

INDEPENDENT BANK CORP director Joseph C. Lerner received an equity award of company stock. On May 19, 2026, he was granted 842 shares of Common Stock at $0.00 per share as restricted stock under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan, in a transaction the company notes is exempt under Rule 16b-3(d). The shares vested immediately on the grant date. Following this award, Lerner directly holds 19,047 shares of Independent Bank Corp common stock and also has 4,950 shares held indirectly through a Family Limited Partnership.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LERNER JOSEPH C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	842	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 19,047 shares (Direct, null); Common Stock — 4,950 shares (Indirect, Family Limited Partnership)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 842 shares Grant price: $0.00 per share Direct holdings after grant: 19,047 shares +1 more

4 metrics

Restricted stock grant 842 shares Common Stock awarded on May 19, 2026

Grant price $0.00 per share Restricted stock under 2018 Non-Employee Director Stock Plan

Direct holdings after grant 19,047 shares Common Stock directly owned by Joseph C. Lerner

Indirect holdings 4,950 shares Common Stock held through a Family Limited Partnership

Key Terms

restricted stock, Independent Bank Corp. 2018 Non-Employee Director Stock Plan, Rule 16b-3(d), Family Limited Partnership

4 terms

restricted stock financial

"Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Independent Bank Corp. 2018 Non-Employee Director Stock Plan financial

"awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan"

Rule 16b-3(d) regulatory

"in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Family Limited Partnership financial

"total_shares_following_transaction 4950.0000, direct_or_indirect I, nature_of_ownership Family Limited Partnership"

Form 4 Insider Transactions: What Each Field Means →

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^*

LERNER JOSEPH C

(Last) (First) (Middle)

C/O INDEPENDENT BANK CORP.

288 UNION STREET

(Street)

ROCKLAND MASSACHUSETTS 02370

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/19/2026		A		842(1)	A	$0	19,047	D
Common Stock								4,950	I	Family Limited Partnership

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 restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.

Remarks:

	/s/ Maureen A. Gaffney, Power of Attorney for Joseph C. Lerner	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did INDB report for Joseph C. Lerner?

Independent Bank Corp reported that director Joseph C. Lerner received an award of 842 shares of Common Stock. The filing classifies this as a grant or award acquisition of restricted stock, with the shares vesting immediately on the grant date.

How many INDB shares did Joseph C. Lerner acquire in this Form 4?

Joseph C. Lerner acquired 842 shares of Independent Bank Corp Common Stock. The shares were granted at $0.00 per share as restricted stock under the 2018 Non-Employee Director Stock Plan and vested immediately on the date of grant.

What are Joseph C. Lerner’s INDB holdings after the reported grant?

After the grant, Joseph C. Lerner directly holds 19,047 shares of Independent Bank Corp Common Stock. He also has 4,950 shares reported as held indirectly through a Family Limited Partnership, according to the Form 4 ownership details.

How were the INDB restricted shares granted to Joseph C. Lerner structured?

The company awarded restricted stock to Joseph C. Lerner under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan. The footnote states the transaction is exempt pursuant to Rule 16b-3(d) and that the restricted shares vested immediately on the grant date.

Does the INDB Form 4 show any stock sales by Joseph C. Lerner?

The Form 4 shows no open-market stock sales for Joseph C. Lerner. It reports one acquisition of 842 shares as a grant or award and includes an additional holding entry for 4,950 shares held indirectly through a Family Limited Partnership.