INDB director granted 842 shares of company stock

OBrien Daniel F reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/21/2026 - 04:18 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

OBrien Daniel F reported acquisition or exercise transactions in this Form 4 filing.

INDEPENDENT BANK CORP director Daniel F. O’Brien received a grant of 842 shares of common stock as equity compensation. The award was made at a price of $0.00 per share under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan and vested immediately on the grant date. Following this grant, O’Brien directly holds 23,712 shares of the company’s common stock.

Insider Trade Summary

Grant/Award: 842 shares

Grant/Award 1 txn

Insider OBrien Daniel F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	842	$0.00	$0.00

Holdings After Transaction: Common Stock — 23,712 shares (Direct)

Holdings Before and After: Common Stock, 22,870 to 23,712 shares (Direct)

Footnotes (1)

1. F1. Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.

Key Figures

Shares granted: 842 shares Grant price: $0.00 per share Shares held after grant: 23,712 shares +1 more

4 metrics

Shares granted 842 shares Restricted stock award on May 19, 2026

Grant price $0.00 per share Equity compensation, not open-market purchase

Shares held after grant 23,712 shares Direct holdings following the reported transaction

Rule exemption Rule 16b-3(d) Transaction exempt as director equity award

Key Terms

restricted stock, 2018 Non-Employee Director Stock Plan, Rule 16b-3(d)

3 terms

restricted stock financial

"awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2018 Non-Employee Director Stock Plan financial

"per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt"

Rule 16b-3(d) regulatory

"in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did INDB director Daniel F. O’Brien report?

Daniel F. O’Brien reported receiving a grant of 842 shares of INDEPENDENT BANK CORP common stock. The grant was an equity award, not an open-market purchase, and reflects routine director compensation rather than a discretionary stock buy.

At what price were the new INDB shares granted to Daniel F. O’Brien?

The 842 INDEPENDENT BANK CORP shares were granted at $0.00 per share. This indicates a compensation-related award of restricted stock rather than a market transaction where the director paid cash to acquire the shares.

How many INDB shares does Daniel F. O’Brien hold after this Form 4 transaction?

After the grant, Daniel F. O’Brien directly holds 23,712 shares of INDEPENDENT BANK CORP common stock. This updated holding reflects the addition of 842 newly awarded shares that vested immediately on the grant date.

What plan governed Daniel F. O’Brien’s restricted stock grant at INDB?

The restricted stock was granted under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan. This plan provides equity compensation to non-employee directors, aligning their interests with shareholders through stock-based awards rather than cash alone.

Did Daniel F. O’Brien’s INDB stock award vest immediately?

Yes, the shares vested immediately on the date of grant. According to the footnote, the restricted stock awarded to Daniel F. O’Brien under the 2018 Non-Employee Director Stock Plan was fully vested as soon as it was granted.

Was Daniel F. O’Brien’s INDB stock grant exempt under SEC rules?

Yes, the grant was described as exempt pursuant to Rule 16b-3(d). This SEC rule generally provides exemptions for certain issuer-approved equity compensation transactions, such as director stock awards, from short-swing profit recovery provisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

OBrien Daniel F

(Last) (First) (Middle)

C/O INDEPENDENT BANK CORP.

288 UNION STREET

(Street)

ROCKLAND MASSACHUSETTS 02370

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

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

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

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	05/19/2026		A		842(1)	A	$0	23,712	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. Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.

Remarks:

	/s/ Maureen Gaffney, Power of Attorney for Daniel F. O'Brien	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)