Independent Bank director sells 1,988 INDB shares
Independent Bank Corp. director John J. Morrissey reported selling 1,988 shares of common stock on February 6, 2026 at $85.70 per share.
Rhea-AI Filing Summary
Independent Bank Corp. director John J. Morrissey reported selling 1,988 shares of common stock on February 6, 2026 at $85.70 per share. After this transaction, he beneficially owns 12,747.078 shares.
The reported holdings include 376.6224 shares acquired through the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the prior Form 4 dated May 21, 2025.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,988 shares
Net Sell
1 txn
Insider
MORRISSEY JOHN J
Role
Director
Sold
1,988 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,988 | $85.70 | $170K |
Holdings After Transaction:
Common Stock — 12,747.078 shares (Direct)
Footnotes (1)
- F1. Holdings include 376.6224 shares acquired as a result of participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (05/21/2025), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INDB director John J. Morrissey report?
John J. Morrissey reported selling 1,988 shares of Independent Bank Corp. common stock. The sale occurred on February 6, 2026 at a price of $85.70 per share, according to his Form 4 insider trading report.
What role does John J. Morrissey hold at Independent Bank Corp. (INDB)?
John J. Morrissey is listed as a director of Independent Bank Corp. The Form 4 indicates his relationship to the issuer by checking the director box, with no officer or 10% owner status marked for this reporting person.
Does the Form 4 for INDB include any derivative securities for John J. Morrissey?
The filing’s derivative securities table shows no reported derivative transactions for Morrissey. Only a non-derivative common stock sale is disclosed, with no options, warrants, or other derivative instruments listed in the provided data.
AI-generated analysis. How Rhea-AI works. Not financial advice.