Boer William J 4

What Happened

• William J. Boer, a director of Independent Bank Corp. (IBCP), was reported on Form 4 to have received 285 shares on 2026-07-01. The transaction is recorded as an acquisition/award (code A) at $36.07 per share, for a total value of approximately $10,280.

Key Details

• Transaction date: 2026-07-01; price: $36.07 per share; total value: ~$10,280.
• Shares acquired: 285 total; includes 138.25 shares from a dividend reinvestment program (DRIP) during Q2 (footnote).
• Filing date: 2026-07-02 (filed the next day; not indicated as late in the filing).
• Shares owned after the transaction: not specified in the provided filing.

Context

• This was an acquisition/award rather than a sale; acquisitions can be seen as a routine issuance or compensation and are generally more informative than sales when assessing insider interest. The transaction amount is modest (~$10.3K) and part of it reflects dividend reinvestment rather than a separate open-market purchase.