INDB credit chief withholds 196 shares for taxes
INDEPENDENT BANK CORP Chief Credit Officer Kathryn O'Malley reported three small share dispositions to cover tax withholding obligations.
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Rhea-AI Filing Summary
INDEPENDENT BANK CORP Chief Credit Officer Kathryn O'Malley reported three small share dispositions to cover tax withholding obligations. On February 16, 17, and 18, 2026, she surrendered a total of 196 common shares at prices around $83–$84 per share. These were tax-withholding dispositions to Independent Bank Corp., not open-market sales, and left her with about 9,624 directly owned shares, including holdings in a 401(k) plan and dividend reinvestment shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 45 | $83.30 | $4K |
| Exercise Price or Tax Liability | Common Stock | 48 | $83.895 | $4K |
| Exercise Price or Tax Liability | Common Stock | 103 | $82.905 | $9K |
Footnotes (3)
- F1. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
- F2. Total Holdings include 397.8208 shares held in the Filer's 401(k) account.
- F3. Holdings include 34.5977 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 (3/3/2025), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INDEPENDENT BANK CORP (INDB) report for Kathryn O'Malley?
Were Kathryn O’Malley’s INDB transactions open-market sales or something else?
AI-generated analysis. How Rhea-AI works. Not financial advice.