INDB HR chief logs tax-related share dispositions
Independent Bank Corp.'s Chief Human Resources Officer, Maria S. Harris, reported several small stock dispositions made to cover tax obligations rather than open-market sales.
Rhea-AI Filing Summary
Independent Bank Corp.'s Chief Human Resources Officer, Maria S. Harris, reported several small stock dispositions made to cover tax obligations rather than open-market sales. On three dates, she delivered 43, 45, and 116 shares of common stock at prices around $83–$84 per share to satisfy tax withholding.
After these transactions, she held a total of 14,260.1045 common shares, including 1,088.1045 shares in a 401(k) account and 69.472 shares accumulated through the company’s dividend reinvestment and stock purchase plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 43 | $83.30 | $4K |
| Exercise Price or Tax Liability | Common Stock | 45 | $83.895 | $4K |
| Exercise Price or Tax Liability | Common Stock | 116 | $82.905 | $10K |
Footnotes (3)
- F1. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
- F2. Total Holdings include 1,088.1045 shares held in the Filer's 401(k) account.
- F3. Holdings include 69.472 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 (3/20/2025), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
FAQ
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What did INDEPENDENT BANK CORP (INDB) insider Maria S. Harris report on this Form 4?
What portion of Maria S. Harris’s INDB holdings is in retirement and reinvestment plans?
AI-generated analysis. How Rhea-AI works. Not financial advice.