INDB counsel granted 2,350 shares, withholds for tax
Independent Bank Corp. General Counsel Patricia M. Natale reported equity compensation and related tax withholding transactions in company stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 148 | $82.3975 | $12K |
| Exercise Price or Tax Liability | Common Stock | 220 | $82.3975 | $18K |
| Grant/Award | Common Stock | 2,350 | $0.00 | $0.00 |
Footnotes (2)
- F1. Independent Bank Corp. awarded Time Vesting Restricted Stock to the Filer.
- F2. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
FAQ
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What insider transactions did INDEPENDENT BANK CORP (INDB) report for Patricia M. Natale?
Was the INDB Form 4 transaction a discretionary stock sale by the General Counsel?
What type of equity award did INDEPENDENT BANK CORP grant to Patricia M. Natale?
AI-generated analysis. How Rhea-AI works. Not financial advice.