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Independent Bank (NASDAQ: INDB) director granted 842 restricted shares in stock plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MISKELL EILEEN C reported acquisition or exercise transactions in this Form 4 filing.

INDEPENDENT BANK CORP director Eileen C. Miskell received 842 shares of common stock as a restricted stock award. The shares were granted at no cash cost under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan and vested immediately on the grant date.

Following this award and additional shares accumulated through the company’s 2014 Dividend Reinvestment and Stock Purchase Plan, Miskell now holds a total of 13,214.5884 common shares directly. The reported activity reflects equity-based director compensation rather than an open-market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider MISKELL EILEEN C
Role null
Type Security Shares Price Value
Grant/Award Common Stock 842 $0.00 --
Holdings After Transaction: Common Stock — 13,214.588 shares (Direct, null)
Footnotes (1)
  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. Holdings include 99.3623 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 (02/02/2026), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
Restricted stock award 842 shares Common Stock grant to director on 2026-05-19
Award price per share $0.0000 per share Reported grant price for restricted stock
Total shares after transaction 13,214.5884 shares Director’s direct holdings following the award
Dividend reinvestment shares 99.3623 shares Accumulated via 2014 Dividend Reinvestment and Stock Purchase Plan
restricted stock financial
"Independent Bank Corp. 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
"awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan"
Rule 16b-3(d) regulatory
"in a transaction exempt pursuant to Rule 16b-3(d)"
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.
Dividend Reinvestment and Stock Purchase Plan financial
"acquired as a result of participation in the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Section 16 of the Securities and Exchange Act of 1934 regulatory
"exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended"
SEC Form 4
FORM 4UNITED 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*
MISKELL EILEEN C

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026A842(1)A$013,214.5884(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
2. Holdings include 99.3623 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 (02/02/2026), which transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended.
Remarks:
/s/ Maureen Gaffney, Power of Attorney for Eileen C. Miskell05/21/2026
** Signature of Reporting PersonDate
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)

FAQ

What did INDB director Eileen C. Miskell report on this Form 4?

Eileen C. Miskell reported receiving 842 shares of Independent Bank Corp. common stock as a restricted stock award. The grant was made under the 2018 Non-Employee Director Stock Plan and vested immediately, representing equity compensation rather than an open-market transaction.

How many INDB shares does Eileen C. Miskell hold after this restricted stock grant?

After the restricted stock grant, Eileen C. Miskell holds 13,214.5884 shares of Independent Bank Corp. common stock directly. This total includes 99.3623 shares accumulated through participation in the company’s 2014 Dividend Reinvestment and Stock Purchase Plan since her prior Form 4 filing.

Was cash paid for the 842-share INDB restricted stock award to Eileen C. Miskell?

No cash was paid for the 842-share restricted stock award to Eileen C. Miskell. The shares were granted at a reported price of 0.0000 per share as part of director compensation under the 2018 Non-Employee Director Stock Plan and vested immediately on the grant date.

Under which plan did INDB grant restricted stock to director Eileen C. Miskell?

Independent Bank Corp. granted restricted stock to Eileen C. Miskell under its 2018 Non-Employee Director Stock Plan. The filing notes the transaction is exempt under Rule 16b-3(d) and that all awarded shares vested immediately on the date of grant as part of director equity compensation.

What additional INDB shares did Eileen C. Miskell acquire through dividend reinvestment?

Eileen C. Miskell’s holdings include 99.3623 additional INDB shares acquired via the 2014 Dividend Reinvestment and Stock Purchase Plan. These dividend-related acquisitions since her last Form 4 are exempt from Section 16 reporting requirements but are reflected in her updated total share ownership in this filing.