Independent Bank Corp (INDB) CFO receives 1,049-share stock award

Rhea-AI Filing Summary

Independent Bank Corp executive Mark J. Ruggiero, CFO & EVP Consumer Lending, acquired 1,049 shares of common stock on February 27, 2026 through the company’s 401(k) Restoration Plan. The shares were recorded at a weighted average price of $78.8073 per share, based on multiple trades between $78.745 and $78.81. After this award, his directly held stake increased to 26,218.8157 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ruggiero Mark J

Role CFO & EVP Consumer Lending

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,049	$78.8073	$83K

Holdings After Transaction: Common Stock — 26,218.816 shares (Direct)

Footnotes (1)

1. Shares acquired under the Company's 401(k) Restoration Plan. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $78.745 through $78.81 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 (2) to this Form 4.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Ruggiero Mark J

(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)
	CFO & EVP Consumer Lending

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		A		1,049(1)	A	$78.8073(2)	26,218.8157	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. Shares acquired under the Company's 401(k) Restoration Plan.

2. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $78.745 through $78.81 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 (2) to this Form 4.

Remarks:

	/s/ Maureen A. Gaffney, Power of Attorney for Mark J. Ruggiero	03/02/2026
	** 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).
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.

FAQ

What insider transaction did INDB report for Mark J. Ruggiero?

INDB reported that Mark J. Ruggiero acquired 1,049 shares of common stock. The shares were received on February 27, 2026 under Independent Bank Corp’s 401(k) Restoration Plan at a weighted average price of $78.8073 per share.

At what price did Mark J. Ruggiero acquire INDB shares?

The filing shows a weighted average acquisition price of $78.8073 per share. Footnotes explain the shares came from multiple trades ranging between $78.745 and $78.81 per share, resulting in the reported average price.

How many INDB shares does Mark J. Ruggiero own after this Form 4?

After this transaction, Mark J. Ruggiero directly holds 26,218.8157 shares of Independent Bank Corp common stock. This total includes the newly acquired 1,049 shares received through the company’s 401(k) Restoration Plan on February 27, 2026.

What plan was used for Mark J. Ruggiero’s latest INDB share acquisition?

The shares were acquired under Independent Bank Corp’s 401(k) Restoration Plan. A footnote specifies that this plan was the mechanism through which the 1,049 common shares were credited to Mark J. Ruggiero’s direct holdings.

What does the Form 4 transaction code mean for INDB’s insider filing?

The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. In this case, it reflects 1,049 Independent Bank Corp common shares credited to Mark J. Ruggiero under the company’s 401(k) Restoration Plan.