Form 4: Independent Bank Corp Executive Maria S. Harris Disposes of Shares to Cover Tax Obligations

Maria S. Harris, Chief Human Resources Officer of Independent Bank Corp, disposed of 148 shares of common stock to satisfy a tax withholding obligation on February 22, 2025.

Summary

• On February 22, 2025, Maria S. Harris, the Chief Human Resources Officer of Independent Bank Corp (INDB), disposed of 148 shares of common stock.
• The transaction was executed to satisfy a tax withholding obligation.
• The shares were disposed of at a price of $69.135 per share.
• Following the transaction, Harris directly owns 13,801.7014 shares, which includes 1,015.7014 shares held in her 401(k) account.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and has a neutral sentiment.

Industry Context

This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives. It is a normal part of executive compensation and financial planning.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Insider Trading, INDB, Independent Bank Corp, Maria S. Harris, Tax Withholding, Share Disposal, Chief Human Resources Officer