Harris Maria S 4

What Happened
Maria S. Harris, Chief Human Resources Officer of Independent Bank Corp (INDB), disposed of a total of 204 shares to the company to satisfy tax withholding obligations related to equity compensation. The transactions were: 116 shares at $82.91 on 2026-02-16 ($9,617), 45 shares at $83.89 on 2026-02-17 ($3,775), and 43 shares at $83.30 on 2026-02-18 ($3,582). These were internal withholdings (routine tax-covering disposals), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-16: 116 shares @ $82.91 — $9,617
  • 2026-02-17: 45 shares @ $83.89 — $3,775
  • 2026-02-18: 43 shares @ $83.30 — $3,582
• Total surrendered: 204 shares for approximately $16,974.
• Holdings after transaction: the Form 4 does not list a single total post-transaction number; footnotes state holdings include 1,088.1045 shares in the filer’s 401(k) (F2) and 69.472 shares acquired via the company’s DRIP since the last Form 4 (F3).
• Footnotes: F1 confirms the shares were delivered to Independent Bank to satisfy a tax withholding obligation (transaction code F). F2 and F3 explain portions of reported holdings.
• Filing timing: Form filed 2026-02-19 reporting transactions from 2026-02-16 to 2026-02-18; no late-filing flag is indicated.

Context
This was a tax-withholding disposition (shares surrendered back to the company) tied to equity compensation — a routine administrative action rather than a directional open-market sale. For retail investors, such withholdings are common and do not necessarily signal the insider’s view on the company’s prospects.