Boer William J 4

What Happened
William J. Boer, a director of Independent Bank Corp (IBCP), received an award/acquisition of 309 shares on April 1, 2026. The reported per-share value was $33.30, for a total reported value of approximately $10,290. This transaction is an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; price/value: $33.30 per share; total value ≈ $10,290.
• Filing date: 2026-04-02 (appears timely relative to the transaction date).
• Shares reported in this transaction: 309 shares.
• Footnote: The 309-share total includes 125.09 shares acquired through a dividend reinvestment program (DRIP) during Q1.
• Shares owned after the transaction: not specified in the provided filing summary.
• Transaction type: Award/Grant (code A) — typically compensation-related rather than a market buy.

Context
Awards and DRIP acquisitions generally reflect compensation and dividend reinvestment activity, so they do not necessarily signal the insider’s market view. For retail investors, purchases (open-market buys) often carry clearer signals than issuance/award transactions.