Independent Bank Corp (NASDAQ: INDB) HR chief granted 2,150 shares, uses 359 for taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
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.
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.