[Form 4] INDEPENDENT BANK CORP Insider Trading Activity

Rhea-AI Filing Summary

Independent Bank Corp. (INDB) director Kenneth S. Ansin reported a sale of 144,000 shares of common stock on November 10, 2025 (Code S). The filing states the sale was made in connection with the settlement of a family member's estate.

The reported weighted average price was $69.9362 per share, with individual trades executed between $69.53 and $70.56 per share. Following the transaction, beneficial holdings were reported as: 288,481 shares indirect (Trust for Ronald M. Ansin Family Members), 5,095 shares direct, 106,738 shares indirect (Trust for Ronald M. Ansin Grandchildren), 4,108 shares indirect (Trust for Son G. Ansin), 6,029 shares indirect (Trust for Son K. Ansin), 40,894 shares indirect (Trust), and 1,407 shares indirect (Held by Wife).

Insights

Insider transactions analyst

Routine Form 4 sale tied to estate settlement; neutral.

Kenneth S. Ansin, a director of Independent Bank Corp., disclosed selling 144,000 shares on November 10, 2025 at a $69.9362 weighted average. The footnote attributes the sale to an estate settlement, which often reflects administrative rebalancing rather than a change in outlook.

Trades occurred within a $69.53–$70.56 range, and the filing lists substantial remaining indirect and direct holdings, indicating continued exposure. Actual market impact depends on liquidity and float, which are not detailed in the excerpt.

Subsequent filings may provide additional context on any further disposition schedules or trust-related distributions if applicable.

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^*

ANSIN KEN 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

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	11/10/2025		S		144,000(1)	D	$69.9362(2)	288,481	I	Trust for Ronald M. Ansin Family Members
Common Stock								5,095	D
Common Stock								106,738	I	Trust for Ronald M. Ansin Grandchildren
Common Stock								4,108	I	Trust for Son G. Ansin
Common Stock								6,029	I	Trust for Son K. Ansin
Common Stock								40,894	I	Trust
Common Stock								1,407	I	Held by Wife

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. Sale of shares in connection with settlement of family member's estate.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $69.53 through $70.56 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 A. Gaffney, Power of Attorney for Kenneth S. Ansin	11/12/2025
	** 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?

A director, Kenneth S. Ansin, reported selling 144,000 shares of common stock on November 10, 2025 (Code S).

What was the sale price range and average for the INDB Form 4?

The weighted average price was $69.9362 per share, with trades from $69.53 to $70.56 per share.

Why were the shares sold according to the filing?

The filing states the sale was in connection with the settlement of a family member's estate.

What are the director’s reported holdings after the transaction?

Reported beneficial holdings include 288,481 shares indirect (family trust) and additional positions of 5,095 direct, 106,738 indirect (grandchildren’s trust), 4,108 indirect (Son G.), 6,029 indirect (Son K.), 40,894 indirect (Trust), and 1,407 indirect (Held by Wife).

What does Transaction Code S mean on a Form 4?

Code S indicates a sale of securities on the open market or a private sale, as reported by the insider.