NATALE PATRICIA M 4
4 · INDEPENDENT BANK CORP · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Independent Bank (INDB) GC Patricia Natale Sells Shares
What Happened Patricia M. Natale, General Counsel of Independent Bank Corp (INDB), disposed of a total of 182 shares to satisfy tax withholding obligations. The dispositions occurred across three dates: 89 shares at $82.91 ($7,379), 45 shares at $83.89 ($3,775), and 48 shares at $83.30 ($3,998), for a combined value of approximately $15,152. These were share-withholdings to cover taxes rather than open-market sales.
Key Details
- Transaction dates and prices:
- 2026-02-16: 89 shares @ $82.91 = $7,379
- 2026-02-17: 45 shares @ $83.89 = $3,775
- 2026-02-18: 48 shares @ $83.30 = $3,998
- Total shares surrendered: 182; total value ≈ $15,152.
- Shares owned after the transactions: not disclosed in the provided filing excerpt.
- Footnote: F1 — disposition of shares to Independent Bank Corp to satisfy a tax withholding obligation (company withheld shares).
- Filing: Form 4 filed with accession 0000776901-26-000024 on 2026-02-19 covering transactions 2026-02-16 to 2026-02-18.
Context These were tax-withholding share dispositions (code F), meaning shares were surrendered to the company to meet a tax obligation—commonly part of exercising equity awards or vesting events. This is a routine, administrative action and does not necessarily signal the insider's view on the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-16$82.91/sh−89$7,379→ 8,436 total - Tax Payment
Common Stock
[F1]2026-02-17$83.89/sh−45$3,775→ 8,391 total - Tax Payment
Common Stock
[F1]2026-02-18$83.30/sh−48$3,998→ 8,343 total
Footnotes (1)
- [F1]Disposition of shares by the Filer to Independent Bank Corp. to satisfy a tax withholding obligation.