Mohr Gavin A. 4

What Happened

Gavin A. Mohr, Executive Vice President of Independent Bank Corp (IBCP), disposed of 1,105 shares on February 6, 2026. The shares were surrendered at $36.60 each to satisfy a tax withholding obligation (total value $40,443). This was not an open-market sale but a tax-withholding disposition tied to equity compensation.

Key Details

• Transaction date: 2026-02-06
• Action: Disposition to satisfy tax liability (transaction code F — tax withholding)
• Shares disposed: 1,105 at $36.60 each; total value $40,443
• Filing date (Form 4): 2026-02-09 — filed timely (within required reporting window)
• Shares owned after the transaction: not specified in the provided filing
• Footnote: "F" typically means shares were withheld by the company to cover withholding taxes on vesting or exercise

Context

• This is a routine tax-withholding event, not an open-market sale; such transactions generally reflect tax obligations from an option exercise or restricted stock vesting rather than a directional bet on the stock.
• For retail investors, purchases are usually more informative about insider sentiment; tax-withholding disposals are common and do not necessarily indicate a decision to liquidate holdings.