Form 4: Independent Bank Corp Executive Maureen A. Gaffney Reports Stock Disposal
SEC Form 4 Filing
Maureen A. Gaffney, Principal Accounting Officer at Independent Bank Corp, reported disposing of 32 shares of common stock on February 27, 2024.
Summary
- On February 27, 2024, Maureen A. Gaffney, the Principal Accounting Officer of Independent Bank Corp (INDB), disposed of 32 shares of common stock.
- The transaction was executed at a price of $52.195 per share.
- Following the transaction, Gaffney directly owns 5,053 shares of Independent Bank Corp.
- The transaction was reported on February 29, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock disposal transaction |
| 02/29/2024 | Date of Form 4 filing |
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