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Independent Bank Corp (NASDAQ: INDB) HR chief granted 2,150 shares, uses 359 for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INDEPENDENT BANK CORP Chief Human Resources Officer Maria S. Harris received an award of 2,150 shares of common stock described as Time Vesting Restricted Stock. To cover tax withholding obligations, she disposed of 211 shares on February 20, 2026 and 148 shares on February 22, 2026 back to Independent Bank Corp. at $82.3975 per share. After these transactions, she directly owned 16,051.1045 shares, including 1,088.1045 shares held in her 401(k) account.

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Insider Harris Maria S
Role Chief Human Resources Officer
Type Security Shares Price Value
Tax Withholding Common Stock 148 $82.3975 $12K
Tax Withholding Common Stock 211 $82.3975 $17K
Grant/Award Common Stock 2,150 $0.00 --
Holdings After Transaction: Common Stock — 16,051.105 shares (Direct)
Footnotes (1)
  1. Independent Bank Corp. awarded Time Vesting Restricted Stock to the Filer. Total Holdings include 1,088.1045 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.
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*
Harris Maria S

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 A 2,150(1) A $0 16,410.1045(2) D
Common Stock 02/20/2026 F 211(3) D $82.3975 16,199.1045(2) D
Common Stock 02/22/2026 F 148(3) D $82.3975 16,051.1045(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Independent Bank Corp. awarded Time Vesting Restricted Stock to the Filer.
2. Total Holdings include 1,088.1045 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 02/23/2026
** 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.

FAQ

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

Maria S. Harris reported receiving a 2,150-share award of common stock and disposing of 359 shares in total to cover tax withholding obligations. These were administrative compensation-related transactions rather than open-market purchases or sales.

Were Maria S. Harris’s INDB share disposals open-market sales?

No, the 211 and 148 share disposals were to Independent Bank Corp. to satisfy tax withholding obligations. The filing specifies transaction code F, which indicates payment of tax liability by delivering already-owned shares.

How many INDB shares does Maria S. Harris own after these transactions?

After these transactions, Maria S. Harris directly owned 16,051.1045 shares of Independent Bank Corp. common stock. This total includes 1,088.1045 shares held in her 401(k) account, as noted in the footnotes to the filing.

What type of equity award did INDB grant to Maria S. Harris?

Independent Bank Corp. granted Maria S. Harris 2,150 shares of Time Vesting Restricted Stock. This grant is reflected as a non-derivative acquisition with transaction code A, described as a grant, award, or other acquisition of common stock.

At what price were the INDB shares used for tax withholding valued?

The shares used to satisfy tax withholding obligations were valued at $82.3975 per share. Both the 211-share and 148-share tax-withholding dispositions reference this same price in the Form 4 transaction details.

Did Maria S. Harris buy or sell INDB shares on the open market?

The Form 4 does not show open-market buys or sales. It reports a 2,150-share stock award and two tax-withholding dispositions totaling 359 shares, where shares were delivered back to Independent Bank Corp., not traded in the market.