Form 4: Independent Bank Corp Executive Maria S. Harris Reports Stock Disposal
SEC Form 4 Filing
Maria S. Harris, Chief Human Resources Officer of Independent Bank Corp, reported disposing of 37 shares of common stock to cover tax obligations.
Summary
- On February 27, 2024, Maria S. Harris, the Chief Human Resources Officer of Independent Bank Corp, disposed of 37 shares of common stock.
- The transaction was executed at a price of $52.195 per share.
- Following the transaction, Harris directly owns 11,077.4557 shares of Independent Bank Corp, including 932.4557 shares held in her 401(k) account.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider trading activity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of transaction: disposal of common stock |
| 02/29/2024 | Date of signature on the report |
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