ANSIN KEN S 4
Research Summary
AI-generated summary
Independent Bank (INDB) Director Ken S. Ansin Gifts 32,303 Shares
What Happened Ken S. Ansin, a director of Independent Bank Corp (INDB), reported a gift disposition of 32,303 common shares on February 11, 2026. The shares were donated (transaction code G) with a transaction value recorded as $0.00. The filer notes the transfers were made to organizations in connection with the settlement of a family member's estate.
Key Details
- Transaction date: 2026-02-11; Transaction type: Gift (G); Price: $0.00.
- Filing date / accession: Form filed Feb 13, 2026 (appears timely given the Feb 11 transaction).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnote: Gifts of shares to organizations as part of settling a family member's estate (see footnote F1).
Context Gifts are disposals for reporting purposes but do not represent a market sale and generally do not indicate the insider's sentiment about the company. The filing shows the transfer was estate-related; no cash proceeds were received by the insider.