Form 4: Independent Bank Corp Executive Vice President Stefanie M Kimball Reports Stock Transaction
SEC Filing
Stefanie M Kimball, Executive Vice President of Independent Bank Corp, reports the disposition of 1,036 shares of common stock to cover tax obligations.
Summary
- On January 25, 2025, Stefanie M Kimball, an Executive Vice President at Independent Bank Corp (IBCP), reported a transaction involving the company's common stock.
- Kimball disposed of 1,036 shares of common stock at a price of $35.60.
- This transaction was to cover tax obligations.
- Following the transaction, Kimball directly owns 59,748 shares of Independent Bank Corp common stock.
- Kimball also indirectly owns 6,238.76 shares through an ESOP.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock transactions by an executive. There is no indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small number of shares being transacted by an individual executive.
Key Dates
| Date | Description |
|---|---|
| 01/25/2025 | Date of the stock transaction (disposal of shares). |
| 01/28/2025 | Date of signature by Attorney-in-Fact. |
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