Independent Bank Corp/MA Insider Trading Activity

Accepted by SEC EDGAR 07/03/2025 - 04:39 PM EDT Learn about SEC filing dates

Insider Trade Summary

Grant/Award: 23,275 shares

Grant/Award 3 txns

Insider LERNER JOSEPH C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	17,387	$0.00	$0.00
Grant/Award	Common Stock	938	$0.00	$0.00
Grant/Award	Common Stock	4,950	$0.00	$0.00

Holdings After Transaction: Common Stock — 18,325 shares (Direct); Common Stock — 4,950 shares (Indirect, Family Limited Partnership)

Holdings Before and After: Common Stock, 0 to 18,325 shares (Direct); Common Stock, 0 to 4,950 shares (Indirect, Family Limited Partnership)

Footnotes (4)

1. F1. Shares issued in exchange for 28,979 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp.
2. F2. On the last trading day prior to the effective date of the merger, the closing price of Enterprise Bancorp, Inc. common stock was $39.64 per share, and the closing price of Independent Bank Corp.'s common stock was $62.885 per share.
3. F3. 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.
4. F4. Shares issued in exchange for 8,250 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp.

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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^*

LERNER JOSEPH C

(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)
07/01/2025

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	07/01/2025		A		17,387(1)	A	(2)	17,387	D
Common Stock	07/01/2025		A		938(3)	A	$0	18,325	D
Common Stock	07/01/2025		A		4,950(4)	A	(2)	4,950	I	Family Limited Partnership

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. Shares issued in exchange for 28,979 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp.

2. On the last trading day prior to the effective date of the merger, the closing price of Enterprise Bancorp, Inc. common stock was $39.64 per share, and the closing price of Independent Bank Corp.'s common stock was $62.885 per share.

3. 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.

4. Shares issued in exchange for 8,250 shares of Enterprise Bancorp, Inc. common stock in connection with the merger of Enterprise Bancorp, Inc. with and into Independent Bank Corp.

Remarks:

	/s/ Maureen A. Gaffney, Power of Attorney for Joseph C. Lerner	07/03/2025
	** 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.