Venables Thomas R 4
4 · INDEPENDENT BANK CORP · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
INDB Director Thomas R. Venables Receives 842-Share Award
What Happened
Thomas R. Venables, a director of Independent Bank Corp (INDB), was granted 842 restricted shares on 2026-05-19. The award was reported at $0.00 per share (total reported value $0) and the shares immediately vested on the grant date.
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-21 (timely filing).
- Amount: 842 shares granted; reported acquisition price $0.00; total reported value $0.
- Shares owned after transaction: not specified in this Form 4.
- Footnote: Award made under the Independent Bank Corp. 2018 Non‑Employee Director Stock Plan and was exempt under Rule 16b‑3(d); shares immediately vested (per filing footnote).
- No sale or purchase on the open market occurred — this was a compensation award.
Context
Grants of restricted shares to non‑employee directors are common as part of director compensation and do not necessarily indicate the director is buying or selling based on company prospects. Immediate vesting means Venables became the beneficial owner of these shares as of the grant date and will be required to report any future sales or dispositions.
Insider Transaction Report
Form 4
Venables Thomas R
Director
Transactions
- Award
Common Stock
[F1]2026-05-19+842→ 21,399 total
Footnotes (1)
- [F1]Independent Bank Corp. awarded restricted stock to the Filer per the Independent Bank Corp. 2018 Non-Employee Director Stock Plan in a transaction exempt pursuant to Rule 16b-3(d). Shares immediately vested on the date of grant.
Signature
/s/ Maureen Gaffney, Power of Attorney for Thomas R. Venables|2026-05-21