Kreter Kristopher 4
Research Summary
AI-generated summary
Independent Bank (IBCP) First VP Kristopher Kreter Receives 358-Share Award
What Happened
- Kristopher Kreter, First Vice President & Controller of Independent Bank Corp (IBCP), received an award of 358 shares on 2026-02-03. The reported price per share is $0.00, so the reported cash value of this grant is $0.
Key Details
- Transaction date: 2026-02-03
- Transaction type/code: Award/Grant/Other acquisition (Form 4 code A)
- Shares acquired: 358 at $0.00 each, total reported cash value $0
- Filing date: 2026-02-05 (filed within the usual 2-business-day window; not marked late)
- Shares owned after the transaction: not disclosed in the provided filing extract
- Footnotes/plan info: none provided in the supplied details
Context
- A code "A" award typically reflects a compensation grant (e.g., restricted stock or RSUs) rather than an open-market purchase; a $0.00 price indicates the shares were granted, not bought. Such grants are common as part of pay and do not by themselves indicate the insider’s personal trading sentiment.