Independent Bank (INDB) HR chief disposes shares to cover tax withholding

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.

SEC Form 4

FORM 4

UNITED 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

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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^*

Harris Maria S

(Last) (First) (Middle)

C/O INDEPENDENT BANK CORP.

288 UNION STREET

(Street)

ROCKLAND MA 02370

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INDEPENDENT BANK CORP [ INDB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/16/2026		F		116(1)	D	$82.905	14,348.1045(2)(3)	D
Common Stock	02/17/2026		F		45(1)	D	$83.895	14,303.1045(2)(3)	D
Common Stock	02/18/2026		F		43(1)	D	$83.3	14,260.1045(2)(3)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.

2. Total Holdings include 1,088.1045 shares held in the Filer's 401(k) account.

3. 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.

Remarks:

	/s/ Maureen A. Gaffney, Power of Attorney for Maria S. Harris	02/19/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What did INDEPENDENT BANK CORP (INDB) insider Maria S. Harris report on this Form 4?

Maria S. Harris reported disposing of company shares to cover tax withholding obligations. These were not open-market sales but shares delivered back to Independent Bank Corp. in connection with equity compensation and related tax liabilities.

How many INDB shares did Maria S. Harris dispose of for tax withholding?

She disposed of 43, 45, and 116 shares of Independent Bank Corp. common stock on three consecutive days. Each transaction was coded “F,” indicating payment of tax liability by delivering previously owned or vested shares to the company.

At what prices were the INDB tax-withholding share dispositions recorded?

The tax-withholding dispositions were recorded at $83.30, $83.895, and $82.905 per share. These figures reflect the fair market value used for withholding calculations rather than negotiated trade prices in an open market transaction.

How many INDB shares does Maria S. Harris own after these transactions?

After the reported transactions, Maria S. Harris directly owns 14,260.1045 shares of Independent Bank Corp. common stock. This total includes holdings in her 401(k) account and additional shares acquired through the company’s dividend reinvestment and stock purchase plan.

Were the INDB insider transactions open-market sales or tax-related dispositions?

The transactions were tax-related dispositions, not open-market sales. The filing specifies they were coded “F” and describes them as deliveries of shares to Independent Bank Corp. to satisfy tax withholding obligations tied to equity-based compensation.

What portion of Maria S. Harris’s INDB holdings is in retirement and reinvestment plans?

Her total holdings include 1,088.1045 shares in a 401(k) account and 69.472 shares obtained through the Independent Bank Corp. dividend reinvestment and stock purchase plan since the prior Form 4, according to the footnotes provided.