Independent Bank (NASDAQ: INDB) counsel gets 2,350-share grant, withholds stock for tax

Rhea-AI Filing Summary

Independent Bank Corp. General Counsel Patricia M. Natale reported equity compensation and related tax withholding transactions in company stock. On February 19, 2026, she acquired 2,350 shares of common stock as a grant of time-vesting restricted stock from Independent Bank Corp.

To cover associated tax withholding obligations, she disposed of 220 shares of common stock on February 20, 2026 and 148 shares on February 22, 2026, both at a price of $82.3975 per share, by delivering shares back to the company. After these transactions, she directly owned 10,325 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider NATALE PATRICIA M

Role General Counsel

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	148	$82.3975	$12K
Tax Withholding	Common Stock	220	$82.3975	$18K
Grant/Award	Common Stock	2,350	$0.00	--

Holdings After Transaction: Common Stock — 10,325 shares (Direct)

Footnotes (1)

1. Independent Bank Corp. awarded Time Vesting Restricted Stock to the Filer. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.

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^*

NATALE PATRICIA M

(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)
	General Counsel

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		2,350(1)	A	$0	10,693	D
Common Stock	02/20/2026		F		220(2)	D	$82.3975	10,473	D
Common Stock	02/22/2026		F		148(2)	D	$82.3975	10,325	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. 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 Patricia M. Natale	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 INDEPENDENT BANK CORP (INDB) report for Patricia M. Natale?

Patricia M. Natale reported a grant of 2,350 shares of common stock as time-vesting restricted stock, plus two small share dispositions to satisfy tax withholding obligations, all involving Independent Bank Corp. common stock during February 2026.

Was the INDB Form 4 transaction a discretionary stock sale by the General Counsel?

No, the dispositions were for tax withholding. The filing states shares were delivered to Independent Bank Corp. to satisfy a tax withholding obligation, rather than representing an open-market or discretionary sale of stock by the General Counsel.

How many INDB shares did Patricia M. Natale acquire and dispose in this Form 4?

She acquired 2,350 shares of Independent Bank Corp. common stock as a restricted stock award and disposed of 220 shares and 148 shares, respectively, to cover tax withholding obligations related to that equity compensation.

What price was used for the INDB tax-withholding share dispositions?

Both tax-withholding dispositions used a price of $82.3975 per share. This price applied to the 220-share disposition on February 20, 2026, and the 148-share disposition on February 22, 2026, as disclosed in the Form 4 transactions.

What is Patricia M. Natale’s INDB share ownership after these Form 4 transactions?

After the reported equity grant and tax-withholding dispositions, Patricia M. Natale directly owned 10,325 shares of Independent Bank Corp. common stock, according to the total shares following the final transaction disclosed in the Form 4.

What type of equity award did INDEPENDENT BANK CORP grant to Patricia M. Natale?

Independent Bank Corp. granted time-vesting restricted stock. The footnotes specify that the company awarded Time Vesting Restricted Stock to the filer, covering 2,350 shares of common stock reported as an acquisition on February 19, 2026.