STOCK TITAN

State Street (INDB) reports 2.5M shares, 5.1% stake via subsidiaries

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

State Street Corporation reported beneficial ownership of 2,501,263 shares of Independent Bank Corp, representing 5.1% of the class as of 03/31/2026. The filing shows shared voting power of 345,383 shares and shared dispositive power of 2,501,263 shares. The report lists multiple State Street advisory subsidiaries as holders and is signed by Elizabeth Schaefer on 05/12/2026.

Positive

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Negative

  • None.

Insights

State Street holds a 5.1% passive stake in INDB via advisory subsidiaries.

State Street reports 2,501,263 shares (5.1%) beneficially owned as of 03/31/2026, with shared voting power of 345,383. The position is presented under Schedule 13G classification, which typically indicates passive investment intent.

Cash‑flow treatment and intended actions are not disclosed in the excerpt; subsequent filings may clarify any change in intent or active engagement.

Filing conforms to Schedule 13G passive-holder disclosure with subsidiary attribution.

The filing identifies advisory entities (for example, SSGA Funds Management, Inc.) under Item 7, indicating holdings are reported on behalf of specified subsidiaries. Signatory is the Senior Vice President and Chief Accounting Officer.

Material legal qualifiers (classification and subsidiary identities) are stated in the filing; investors should watch for any future amendments changing classification or ownership percentages.

Beneficial ownership 2,501,263 shares as of 03/31/2026
Percent of class 5.1% Independent Bank Corp common stock
Shared voting power 345,383 shares reported in Item 4(i)(ii)
Shared dispositive power 2,501,263 shares reported in Item 4(iv)
Report signature date 05/12/2026 signed by Elizabeth Schaefer
Schedule 13G regulatory
"Item 1. (a) Name of issuer: INDEPENDENT BANK CORP"
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.
Beneficially owned financial
"Item 4. (a) Amount beneficially owned: 2501263.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared dispositive power regulatory
"Item 4. (iv) Shared power to dispose or to direct the disposition of: 2,501,263"
Investment adviser subsidiaries other
"Item 7. SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does State Street hold in INDB?

State Street reports beneficial ownership of 2,501,263 shares, equal to 5.1% of Independent Bank Corp as of 03/31/2026. The filing lists shared voting power of 345,383 and shared dispositive power of 2,501,263.

Was the ownership reported on behalf of other entities?

Yes. The filing lists multiple State Street advisory subsidiaries, including SSGA Funds Management, Inc. and others, indicating the position is held on behalf of those advisory accounts and entities named in Item 7.

What Schedule was used to report the holding?

The position was reported on a Schedule 13G, which is typically used for passive investors to disclose beneficial ownership when the reporter does not intend active influence over the issuer.

What are the voting and dispositive powers reported?

The filing reports 0 sole voting power, 345,383 shared voting power, 0 sole dispositive power, and 2,501,263 shared dispositive power for the reported shares.

When was the Schedule 13G signed and filed?

The signature on the filing is dated 05/12/2026, while the beneficial ownership is reported as of 03/31/2026, per the document's reporting period.





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





SCHEDULE 13G



STATE STREET CORPORATION
Signature:ELIZABETH SCHAEFER
Name/Title:SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:05/12/2026