INDB officer gets 692-share award, 186 for taxes
INDEPENDENT BANK CORP Chief Credit Officer Kathryn O'Malley reported equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
INDEPENDENT BANK CORP Chief Credit Officer Kathryn O'Malley reported equity compensation activity. She acquired 692 shares of Common Stock at no cost upon the vesting of a performance stock award granted by the company. To cover related tax withholding, 186 shares were disposed of back to Independent Bank Corp. at $74.0025 per share. After these transactions, she directly holds 11,891.3969 shares of Common Stock, including 400.0621 shares in her 401(k) account.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 692 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 186 | $74.0025 | $14K |
Footnotes (3)
- F1. Shares issued pursuant to vest of performance stock award granted to the Filer by Independent Bank Corp.
- F2. Total Holdings include 400.0621 shares held in the Filer's 401(k) account.
- F3. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did INDB Chief Credit Officer Kathryn O'Malley report?
What are Kathryn O'Malley’s total INDB holdings after these transactions?
What does the tax-withholding transaction on the INDB Form 4 represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.