ANSIN KEN S 4

What Happened

• Ken S. Ansin, a director of Independent Bank Corp. (INDB), was granted 842 restricted shares on 2026-05-19. The reported acquisition price is $0.00 (insider paid no cash); the filing lists the transaction as an award/grant (code A). Per the filing footnote, the shares immediately vested on the grant date.

Key Details

• Transaction date: 2026-05-19; filing date: 2026-05-21 (timely filed within the Form 4 reporting window).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 842; reported price: $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: Award made under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan and exempt pursuant to Rule 16b-3(d); shares immediately vested.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the disclosed information.

Context

• Director grants like this are commonly part of non-employee director compensation. Because these shares vested immediately and no cash was paid, the award increases the director's equity stake but does not necessarily indicate a personal buy/sell decision. The $0.00 reporting reflects that the insider did not pay for the shares rather than their market value.