NATALE PATRICIA M 4

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.