Independent Bank Corp/MA Insider Trading Activity
Accepted by SEC EDGAR
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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.
Form Type
4
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nadeau Gerard F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 6,508 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 374 | $63.6375 | $24K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,457 shares (Direct);
Common Stock — 262.644 shares (Indirect, by Daughter);
Common Stock — 264.959 shares (Indirect, by Son)
Holdings Before and After:
Common Stock, 36,339 to 29,457 shares (Direct)
Footnotes (4)
- F1. Filer retired as President of Rockland Trust Company, wholly-owned subsidiary of Independent Bank Corp. (the "Company"), effective June 27, 2025, but retained his position as a Director of the Company. Due to terms of the Filer's various award agreements, shares of the Company were both vested and forfeited at the time of his retirement.
- F2. Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.
- F3. Shares held in Filer's name f/b/o daughter. Holdings include 2.861 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (03/20/2025). Such transactions are exempt from the reporting requirements of Section 16 of the Securities and Exchange Act of 1934, as amended. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.
- F4. Shares held in Filer's name f/b/o son. Holdings include 2.8862 shares received pursuant to the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 filing (03/20/2025). Such transactions are exempt from the reporting requirements of Section 16 of the Securities Exchange Act of 1934, as amended. The filing of this statement should not be construed as an admission that the Filer is, for purposes of Section 16 of the Exchange Act, the beneficial owner of such securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.