O'Leary Leif 4

What Happened

• Leif O'Leary, a director of Independent Bank Corp. (INDB), was granted 842 restricted shares on 2026-05-19. The grant price is reported as $0.00 per share (total reported value $0). The shares vested immediately on the grant date.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (filed two days after the transaction).
• Shares granted: 842 restricted shares at $0.00 per share; total reported consideration $0.
• Shares vested: The filing notes the shares immediately vested on the grant date.
• Shares owned after the transaction: Not specified in the Form 4 filing.
• Footnote: Award made under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan and reported as exempt under Rule 16b-3(d) (typical exemption for certain grants to non-employee directors).

Context

• This was an equity award (not a market purchase or sale). Because the shares were granted and immediately vested, the transaction reflects a compensation award rather than a buy/sell decision by the director. Such director awards are common and do not necessarily indicate a change in the director’s view of the company.