MISKELL EILEEN C 4
Research Summary
AI-generated summary
Independent Bank (INDB) Director Eileen Miskell Gifts 741 Shares
What Happened
Eileen C. Miskell, a director of Independent Bank Corp. (INDB), disposed of 741 shares on January 29, 2026 as a gift (transaction code G). The reported price per share is $0.00 and the reported cash proceeds are $0.00 — this was a non-sale gift, not a market transaction that generated proceeds.
Key Details
- Transaction date: 2026-01-29; Report filed: 2026-02-02 (filed within the SEC two-business-day window).
- Shares transferred: 741; Reported price: $0.00; Reported proceeds: $0.00.
- Shares owned after transaction: Not specified in this Form 4.
- Footnote: Holdings disclosed include 313.6982 shares acquired via the Independent Bank Corp. 2014 Dividend Reinvestment and Stock Purchase Plan (DRIP) since the last Form 4 (6/11/2025); those DRIP transactions are exempt from Section 16 reporting.
- No indication of a 10b5-1 plan, tax-withholding disposition, or option exercise in this filing.
Context
Gifts (code G) are common insider filings for personal, estate-planning, or charitable reasons and do not necessarily signal the insider’s view on the company’s stock value. For retail investors, purchases or open-market sales typically carry more direct informational value than gifts, which simply report a non-sale transfer of shares.