TWAROZYNSKI JAMES J 4

What Happened

• James J. Twarozynski, Senior Vice President of Independent Bank Corp (IBCP), was granted 631 shares on February 3, 2026. The Form 4 reports an acquisition at $0.00 per share (code A — award/grant). The filing was submitted on February 5, 2026.

Key Details

• Transaction date: 2026-02-03
• Transaction type/code: Grant/award (A)
• Shares acquired: 631 at $0.00 per share (total reported consideration: $0)
• Form 4 filed: 2026-02-05 (filed within two business days — timely)
• Shares owned after transaction: not specified in the provided filing
• Footnotes/plan details: none provided in the supplied data (no 10b5-1, tax withholding, or cashless exercise noted)

Context

• An A-code award typically reflects equity compensation (e.g., restricted stock or RSUs) granted to an insider rather than an open-market purchase. The $0.00 price indicates no cash outlay by the insider at grant; it does not by itself indicate buying or selling sentiment. Such grants increase the insider’s stake but are often part of routine compensation.