O'DAY SUSAN PERRY 4

What Happened

• Susan P. O'Day, a director of Independent Bank Corp. (INDB), was granted 842 restricted shares on 2026-05-19. The Form 4 reports an acquisition price of $0.00 for the shares and notes they vested immediately on the grant date. This was an award under the company's 2018 Non-Employee Director Stock Plan rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (timely filing).
• Transaction type: Award/Grant (coded A); reported acquisition price $0.00.
• Shares granted: 842 restricted shares; shares immediately vested per filing.
• Plan/exemption: Award made under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan; transaction exempt under Rule 16b-3(d).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Additional notes from filing: Some holdings reported in the filing are held by a family member residing with the filer (F2) and by a corporation of which the filer is a board member (F3); the filer disclaims that these necessarily reflect beneficial ownership for Section 16 purposes.

Context

• This was a compensatory grant to a non-employee director and vested immediately; such awards are common director compensation and do not by themselves indicate the insider's view of the stock. No sale or open-market purchase occurred.