INDEPENDENT BANK (NASDAQ: INDB) officer reports tax-withholding stock dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INDEPENDENT BANK CORP Principal Accounting Officer Maureen A. Gaffney reported routine tax-related share dispositions. Across three days in mid-February 2026, she disposed of 35, 32, and 71 shares of common stock, respectively, as payment of tax withholding obligations, and held 6,136 shares directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
GAFFNEY MAUREEN A.
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 35 | $83.30 | $3K |
| Tax Withholding | Common Stock | 32 | $83.895 | $3K |
| Tax Withholding | Common Stock | 71 | $82.905 | $6K |
Holdings After Transaction:
Common Stock — 6,136 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did INDB’s Maureen A. Gaffney report?
Maureen A. Gaffney reported three small common stock dispositions to cover tax withholding obligations. These occurred on February 16, 17, and 18, 2026, and are coded as Form 4 “F” transactions, indicating tax-related share deliveries, not open-market sales.
What does transaction code “F” mean in the INDB Form 4 filing?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In this INDB filing, the code reflects that Maureen A. Gaffney used common shares to satisfy tax withholding obligations owed to Independent Bank Corp.
Who is the insider involved in this INDB Form 4 filing?
The insider is Maureen A. Gaffney, Principal Accounting Officer of Independent Bank Corp. She reported direct ownership and routine tax-withholding dispositions of INDB common stock, reflecting her role as an executive-level reporting person under Section 16 rules.