Kimball Stefanie M 4

What Happened
Stefanie M. Kimball, Executive Vice President of Independent Bank Corp (IBCP), had 1,114 shares disposed on Feb 6, 2026 as a tax/exercise withholding. The shares were valued at $36.60 each, for a total of approximately $40,772. This was a withholding to satisfy tax liability (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-06; Filing date: 2026-02-09 (filed within the typical two-business-day Form 4 window).
• Amount: 1,114 shares withheld at $36.60 per share; total value ≈ $40,772.
• Transaction code: F — payment of exercise price or tax liability (shares retained/withheld).
• Shares owned following the transaction: not specified in the information provided.
• Note: This is a tax/settlement-related disposition (routine), not necessarily a market sale indicating sentiment.

Context
When insiders have shares withheld to cover taxes or exercise costs, it often follows option exercises or vesting and reflects a tax-settlement or net-share settlement process rather than a decision to sell shares on the open market. Such withholdings are common and usually routine; they reduce beneficial ownership but are not a direct buy/sell signal about the insider’s view of the company.