O'Neill Tamina 4

What Happened Tamina O'Neill, Chief Risk Officer of Independent Bank Corp. (INDB), was granted 2,300 time‑vesting restricted shares on February 19, 2026. The Form 4 reports the acquisition as an award (transaction code A) with an acquisition price of $0.00, i.e., no cash was paid by the insider.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-23 (filed within the Form 4 reporting window).
• Transaction type/code: Award / Grant (A) — Time‑vesting restricted stock (see footnote).
• Shares awarded: 2,300; Reported acquisition price: $0.00.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: Independent Bank Corp. awarded Time Vesting Restricted Stock to the filer.
• Timeliness: Filing appears timely (filed Feb 23 for a Feb 19 transaction; weekend days do not count).

Context Time‑vesting restricted stock grants are a common form of executive compensation and typically vest over a set schedule subject to continued employment — they represent future potential ownership rather than an immediate open‑market purchase. Because this was a compensation award (not a sale), it should not be read as a direct trading signal about the insider’s view of the stock price.