Form 4: Independent Bank Corp Executive Vice President Stefanie M Kimball Reports Stock Transactions

Stefanie M Kimball, an Executive Vice President at Independent Bank Corp, reported the acquisition and disposal of common stock and performance rights on February 19, 2025.

Summary

• On February 19, 2025, Stefanie M Kimball, an Executive Vice President at Independent Bank Corp, reported transactions involving the company's common stock and performance rights.
• Kimball acquired 3,941 shares of common stock and disposed of 1,666 shares at a price of $34.76.
• Following these transactions, Kimball directly owns 63,789 shares of common stock.
• Kimball also indirectly owns 6,411.02 shares through an ESOP and 230 shares through an IRA.
• Additionally, 2,208 performance rights were exercised, each representing a contingent right to receive up to two shares of Independent Bank Corp common stock based on total shareholder return relative to a peer group index.

Sentiment

Score: 5

Explanation: This is a neutral report on insider trading activity, with no inherent positive or negative implications.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company executive.
• The transactions are unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Insider Trading, Stock Transactions, Performance Rights, Common Stock, INDEPENDENT BANK CORP, IBCP, Stefanie M Kimball, Executive Vice President