STOCK TITAN

Independent Bank (INDB) director sells shares at about $83

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

INDEPENDENT BANK CORP (INDB) director Thomas R. Venables reported selling 3,750 shares of common stock on 2026-08-25 in an open-market or private sale. The weighted average sale price was $82.9953 per share, with individual trades between $82.770 and $83.215 per share. Following these transactions, he directly holds 17,649 shares of INDB common stock.

Positive

  • None.

Negative

  • None.
Insider Venables Thomas R
Role Director
Sold 3,750 shs ($311K)
Type Security Shares Price Value
Sale Common Stock F1 3,750 $82.9953 $311K
Holdings After Transaction: Common Stock — 17,649 shares (Direct)
Footnotes (1)
  1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.770 through $83.215 per share, inclusive. The Filer undertakes to provide Independent Bank Corp., any security holder of Independent Bank Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
Shares sold 3,750 shares of Common Stock Non-derivative sale on 2026-08-25 by director Thomas R. Venables
Weighted average sale price $82.9953 per share Average price for 3,750 shares sold on 2026-08-25
Sale price range $82.770 to $83.215 per share Range of prices for multiple transactions included in the reported sale
Shares owned after transaction 17,649 shares Direct ownership of INDB common stock following the 2026-08-25 sale
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
non-derivative financial
"transaction_type: non-derivative"

FAQ

What insider transaction did INDB director Thomas R. Venables report?

Thomas R. Venables reported a sale of 3,750 INDB common shares on 2026-08-25 in an open-market or private transaction, at a weighted average price of $82.9953 per share, with individual sale prices ranging from $82.770 to $83.215 per share.

What price did Thomas R. Venables receive for the sold INDB shares?

The reported weighted average sale price for the 3,750 INDB shares was $82.9953 per share. The shares were sold in multiple transactions at prices between $82.770 and $83.215 per share, inclusive, as disclosed in the filing footnote.

How many INDB shares does Thomas R. Venables hold after this sale?

After the reported sale, Thomas R. Venables directly holds 17,649 shares of INDEPENDENT BANK CORP (INDB) common stock, according to the post-transaction ownership figure disclosed in the Form 4 filing.

Was the INDB insider sale by Thomas R. Venables under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan (the indicator is false), and the footnote describes only pricing details. No Rule 10b5-1 trading plan is identified in this Form 4 for the reported transaction.

What type of transaction did the INDB Form 4 report for Thomas R. Venables?

The Form 4 reports a Code S transaction, described as a sale in open market or private transaction, involving 3,750 shares of INDB common stock on 2026-08-25, with resulting direct ownership of 17,649 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Venables Thomas R

(Last)(First)(Middle)
C/O INDEPENDENT BANK CORP.
288 UNION STREET

(Street)
ROCKLAND MASSACHUSETTS 02370

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026S3,750D$82.9953(1)17,649D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.770 through $83.215 per share, inclusive. The Filer undertakes to provide Independent Bank Corp., any security holder of Independent Bank Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
Remarks:
/s/ Maureen Gaffney, Power of Attorney for Thomas R. Venables08/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)