Kimball Stefanie M 4
Research Summary
AI-generated summary
INDEPENDENT BANK (IBCP) EVP Stefanie M. Kimball Sells 1,400 Shares
What Happened
Stefanie M. Kimball, Executive Vice President of Independent Bank Corp (IBCP), sold 1,400 shares in an open-market transaction on May 29, 2026. The shares were disposed at $34.41 per share, generating proceeds of $48,181. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-05-29
- Transaction type/code: Open-market sale (S)
- Shares sold: 1,400 @ $34.41 per share = $48,181 total
- Shares owned after transaction: not stated in the filing
- Footnotes/plans noted: none disclosed (no 10b5-1 plan or tax-withholding note in the filing)
- Filing timeliness: Form 4 filed on 2026-05-29 (same day as the reported transaction)
Context
Insider sales are common and can reflect routine portfolio management, tax needs, or other personal reasons; they are not as directly informative as insider purchases. No indication from the filing that this sale was part of a specified trading plan or a derivative transaction.