Abelli Donna L 4

What Happened
Donna L. Abelli, a director of Independent Bank Corp. (INDB), was granted 842 restricted shares on 2026-05-19. The shares were issued at $0.00 (no cash paid) and immediately vested on the grant date under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan. The award was reported on a Form 4 filed 2026-05-21.

Key Details

• Transaction date and price: 2026-05-19; 842 shares @ $0.00 (award/grant, exempt transaction).
• Filing date: 2026-05-21 (appears timely—filed within the usual two-business-day window).
• Post-transaction holdings: total holdings after this grant are not specified on the Form 4. The filing notes 66.5133 shares were added via the company’s 2014 Dividend Reinvestment and Stock Purchase Plan since the last Form 4 (02/05/2026) (these DRIP transactions are exempt from Section 16 reporting).
• Notable footnotes: F1 — grant under the 2018 Non-Employee Director Stock Plan and exempt under Rule 16b-3(d); shares vested immediately. F2 — DRIP shares since last filing are exempt from Section 16 reporting.

Context
This was an equity award to a director, not an open-market purchase or sale. Awards that vest immediately are common for director compensation and do not necessarily indicate the director is buying or selling based on a view of the stock; they are routine compensation events and may have tax implications for the recipient.