Form 4: Independent Bank Corp Director Dawn Perry Reports Acquisition of 938 Shares

Director Dawn Perry acquired 938 shares of Independent Bank Corp common stock on May 20, 2025, through a restricted stock award.

Summary

• On May 20, 2025, Dawn Perry, a director of Independent Bank Corp, acquired 938 shares of common stock.
• The acquisition was a result of a restricted stock award under the Independent Bank Corp. 2018 Non-Employee Director Stock Plan.
• The shares vested immediately on the date of grant.
• The transaction was exempt pursuant to Rule 16b-3(d).

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares, even through a compensation plan, is generally viewed favorably as it aligns their interests with those of shareholders.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

Director stock acquisitions are common and can be seen as a positive sign, reflecting confidence in the company's performance and future prospects.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates

Keywords

Independent Bank Corp, Director, Dawn Perry, Stock Acquisition, Restricted Stock, Form 4, INDB, Beneficial Ownership