Independent Bank Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:INDB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
01 Mar 24	BuyUS$25,543	Mark Ruggiero	Individual	500	US$51.09
29 Feb 24	SellUS$42,264	Donna Abelli	Individual	800	US$52.83
24 Jan 24	SellUS$24,520	Eileen Miskell	Individual	400	US$61.30
03 Nov 23	SellUS$109,180	John Morrissey	Individual	2,000	US$54.59
30 Oct 23	BuyUS$102,028	Jeffrey Tengel	Individual	2,100	US$48.58
27 Oct 23	BuyUS$24,294	Lee Powlus	Individual	512	US$47.45

Insider Trading Volume

Insider Buying: INDB insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of INDB?
Owner Type	Number of Shares	Ownership Percentage
State or Government	31,639	0.0745%
Private Companies	117,331	0.276%
Individual Insiders	371,520	0.875%
General Public	6,880,756	16.2%
Institutions	35,051,211	82.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.8% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.8%	BlackRock, Inc.	6,276,602	US$318.5m	-1.74%	0.01%
12.4%	The Vanguard Group, Inc.	5,272,986	US$267.6m	1.33%	no data
5.25%	State Street Global Advisors, Inc.	2,230,305	US$113.2m	8.9%	no data
4.13%	Dimensional Fund Advisors LP	1,753,697	US$89.0m	10.3%	0.02%
3.58%	Silvercrest Asset Management Group LLC	1,521,080	US$77.2m	-3.77%	0.54%
3.2%	Victory Capital Management Inc.	1,358,955	US$69.0m	-23%	0.07%
3.01%	Nuance Investments, LLC	1,278,001	US$64.8m	-23.1%	1.43%
2.31%	Geode Capital Management, LLC	981,383	US$49.8m	4.38%	no data
2.02%	Macquarie Investment Management Business Trust	855,700	US$43.4m	-0.54%	0.05%
1.56%	Northern Trust Global Investments	662,961	US$33.6m	-2.13%	0.01%
1.52%	The Rockland Trust Investment Management Group	645,039	US$32.7m	-0.5%	1.81%
1.5%	Boston Trust Walden Company	635,244	US$32.2m	22.6%	0.24%
1.48%	Champlain Investment Partners, LLC	629,155	US$31.9m	-7.84%	0.19%
1.19%	BNY Mellon Asset Management	506,949	US$25.7m	-5.58%	0.01%
1.17%	Norges Bank Investment Management	498,161	US$25.3m	7.45%	no data
1.1%	Charles Schwab Investment Management, Inc.	465,220	US$23.6m	0%	no data
1.05%	Columbia Management Investment Advisers, LLC	446,910	US$22.7m	-15%	0.01%
1.05%	Palisade Capital Management, LP	446,011	US$22.6m	-10.3%	0.68%
0.94%	Goldman Sachs Asset Management, L.P.	396,976	US$20.1m	-1.3%	0.01%
0.93%	GW&K Investment Management, LLC	395,493	US$20.1m	-6.78%	0.18%
0.86%	Manulife Asset Management	365,158	US$18.5m	-4.46%	0.01%
0.8%	Eaton Vance Management	338,407	US$17.2m	0%	no data
0.72%	ClearBridge Investments, LLC	303,905	US$15.4m	0.63%	0.01%
0.63%	HSBC Global Asset Management (UK) Limited	268,315	US$13.6m	903%	0.01%
0.59%	Leeward Investments, LLC	248,368	US$12.6m	-0.87%	0.59%