Independent Bank officer granted 738 INDB shares
Independent Bank Corp Chief Commercial Banking Officer James T. Rizzo received 738 shares of Common Stock as a vested performance stock award on March 12, 2026, at no purchase price.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Independent Bank Corp Chief Commercial Banking Officer James T. Rizzo received 738 shares of Common Stock as a vested performance stock award on March 12, 2026, at no purchase price. On the same date, 199 shares were surrendered to Independent Bank Corp at $74.0025 per share to satisfy tax withholding obligations, a non-market disposition. Following these routine compensation-related transactions, Rizzo directly holds 14,973 Common Stock shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 738 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 199 | $74.0025 | $15K |
Footnotes (2)
- F1. Shares issued pursuant to vest of performance stock award granted to the Filer by Independent Bank Corp.
- F2. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
FAQ
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What insider transaction did INDB executive James T. Rizzo report?
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AI-generated analysis. How Rhea-AI works. Not financial advice.