STOCK TITAN

Vanguard Portfolio Management reports 3.33M shares of Independent Bank Corp (INDB)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Independent Bank Corp Schedule 13G: Vanguard Portfolio Management reports beneficial ownership of 3,333,919 shares (6.86%) of Common Stock as of 03/31/2026. The filing states Vanguard exercises sole dispositive power over these shares while holding sole voting power for 28,806 shares and discloses ownership on behalf of Vanguard funds and managed accounts.

Positive

  • None.

Negative

  • None.

Insights

Vanguard is a >5% holder, reporting voting and dispositive roles for its funds.

Vanguard Portfolio Management discloses beneficial ownership of 3,333,919 shares representing 6.86% of Independent Bank Corp common stock as of 03/31/2026. The filing clarifies that dispositive authority is exercised across Vanguard funds and managed accounts.

This is a passive disclosure under Schedule 13G; subsequent filings could show changes in ownership or voting if Vanguard adjusts positions.

Disclosure highlights who holds decision power over dividends and sales.

The statement lists 28,806 shares with sole voting power and 3,333,919 shares with sole dispositive power, indicating voting influence is limited relative to disposition authority. The filing names affiliated entities that may exercise voting or dispositive power.

Stakeholders can watch future filings for any change from passive to active ownership status.

Beneficial ownership 3,333,919 shares as of 03/31/2026
Percent of class 6.86% percent of Common Stock
Sole voting power 28,806 shares shares with sole voting power
Sole dispositive power 3,333,919 shares shares with sole power to dispose
Filing type Schedule 13G passive ownership disclosure
Schedule 13G regulatory
"Vanguard Portfolio Management reports beneficial ownership of 3,333,919 shares"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownership financial
"Amount beneficially owned: 3333919"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 3333919"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
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453836108

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Portfolio Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/29/2026

FAQ

How many Independent Bank Corp (INDB) shares does Vanguard hold?

Vanguard Portfolio Management reports beneficial ownership of 3,333,919 shares, representing 6.86% of INDB common stock as of 03/31/2026. The filing attributes dispositive power to Vanguard across funds and managed accounts.

Does Vanguard control voting for the INDB shares it holds?

The filing states Vanguard has sole voting power for 28,806 shares and sole dispositive power for 3,333,919 shares as of 03/31/2026. Affiliates may exercise additional voting or dispositive authority for certain accounts.

What does Schedule 13G mean for INDB ownership reporting?

Schedule 13G is a passive ownership disclosure for holders above 5%. Vanguard filed this form to report beneficial ownership of 3,333,919 shares (6.86%) as of 03/31/2026, indicating passive investment status at filing.

Who signed the INDB Schedule 13G for Vanguard and when?

The filing is signed by Ashley Grim, Head of Global Fund Administration, on 04/29/2026. The ownership figures are reported as of 03/31/2026, per the Schedule 13G submission.