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Insider Trading: INDEPENDENT BANK CORP

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of INDEPENDENT BANK CORP in the last 24 months are illustrated in figures 1 and 2. Table 1 shows the monthly insider trading data of INDEPENDENT BANK CORP since year 2005. Table 2 shows the detailed insider transactions of INDEPENDENT BANK CORP since 2005. The reporting company's ticker symbol is INDB. The reporting company's CIK number is 776901.
1 year chart,   5 day chart,   1 day chart.

The total value of stock buying since 2005 is $526,395. The total value of stock sales is $8,641,274. The total value of stock exercises is $1,407,900.


Figure 1. Monthly insider transaction values at INDEPENDENT BANK CORP (INDB) in the past 24 months. The trade values of insider stock buys, sales, and option exercises are in logarithmic scale as shown on the right axis labels. The detailed monthly and daily insider transactions are listed in the 2 tables below.

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • 06

  • $344,698

    $34,469

    $3,446

    $344

  • Buy
  • Sale
  • Option Exercise

Figure 2. Average prices of insider buys, sales, and option exercises at INDEPENDENT BANK CORP (INDB) in the past 24 months. See table 2 for insider transaction details.

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • 06

  • $34.45

    $25.83

    $17.22

    $8.61



Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for INDEPENDENT BANK CORP (INDB).
Trading Period
year-month  
Insider Buying     
Shares               Value ($)
Insider Sales     
Shares               Value ($)
Option Exercises     
Shares               Value ($)
2008-06 100 2,750 0 0 0 0
2008-05 0 0 1,000 28,740 0 0
2008-04 0 0 0 0 6,000 115,500
2008-03 818 0 0 0 1,000 19,250
2008-02 0 0 0 0 5,000 79,550
2008-01 4,001 106,010 0 0 10,900 175,555
2007-11 0 0 3,700 105,450 0 0
2007-08 0 0 0 0 6,000 111,562
2007-07 1,906 53,119 0 0 0 0
2007-04 0 0 1,000 31,590 2,000 20,500
2007-02 0 0 9,464 306,826 6,625 109,918
2007-01 2,679 87,788 1,705 54,733 10,002 280,656
2006-11 160 5,200 10,060 344,698 0 0
2006-10 0 0 0 0 7,160 168,045
2006-08 0 0 2,000 66,990 5,450 82,090
2006-07 3,417 110,910 0 0 0 0
2006-05 300 9,539 5,775 183,993 5,425 50,859
2006-04 0 0 5,675 182,520 5,000 40,000
2006-03 0 0 0 0 3,000 42,875
2006-02 0 0 3,542 106,260 0 0
2006-01 1,714 50,807 63,458 1,889,989 7,831 111,540
2005-11 0 0 131,656 3,883,235 0 0
2005-10 0 0 35,124 1,027,657 0 0
2005-08 407 12,407 4,800 144,470 0 0
2005-07 1,912 56,083 5,000 146,500 0 0
2005-05 500 13,337 4,975 137,623 0 0
2005-01 595 18,445 0 0 0 0

Table 2. Detailed insider stock purchases, sales, and option exercises for INDEPENDENT BANK CORP (INDB)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2008-06-11 Lopolito Donna A (Director) Purchase 100 27.50 2,750
2008-05-23 Seksay Edward H (General Counsel) Sale 1,000 28.74 28,740
2008-05-09 Tedeschi Brian S (Director) Sale 0 27.70 0
2008-04-09 Tedeschi Brian S (Director) Option Exercise 1,000 19.25 19,250
2008-04-07 Sullivan Robert D (Director) Option Exercise 3,000 19.25 57,750
2008-03-25 Gilmore Benjamin A Ii (Director) Option Exercise 1,000 19.25 19,250
2008-03-04 Sullivan Robert D (Director) Purchase 818 .00 0
2008-02-15 Jones Kevin J (Director) Option Exercise 4,000 15.08 60,300
2008-02-14 Teuten Thomas J (Director) Option Exercise 1,000 19.25 19,250
2008-01-29 Sgarzi Richard H (Director) Option Exercise 3,000 14.71 44,124
2008-01-25 Lopolito Donna A (Director) Purchase 360 27.02 9,727
2008-01-24 Miskell Eileen C (Director) Purchase 854 26.44 22,583
2008-01-24 Fuerschbach Raymond G (Senior Vice President) Option Exercise 5,900 17.25 101,775
2008-01-24 Spurr John H Jr (Director) Purchase 522 26.44 13,804
2008-01-24 Jones Kevin J (Director) Purchase 1,314 26.44 34,748
2008-01-24 Anderson Richard S (Director) Purchase 951 26.44 25,148
2008-01-22 Nadeau Gerard F (Executive Vice President) Option Exercise 2,000 14.83 29,656
2007-11-06 Fuerschbach Raymond G (Senior Vice President) Sale 3,700 28.50 105,450
2007-08-02 Jones Kevin J (Director) Option Exercise 6,000 18.59 111,562
2007-07-25 Jankowski Edward F (Chief Technology & Ops Officer) Purchase 500 26.61 13,303
2007-07-24 Miskell Eileen C (Director) Purchase 431 28.32 12,205
2007-07-24 Spurr John H Jr (Director) Purchase 235 28.32 6,655
2007-07-24 Jones Kevin J (Director) Purchase 582 28.32 16,482
2007-07-24 Anderson Richard S (Director) Purchase 158 28.32 4,474
2007-04-17 Clark W Paul (Director) Sale 1,000 31.59 31,590
2007-04-05 Tedeschi Brian S (Director) Option Exercise 1,000 10.25 10,250
2007-04-02 Sgarzi Richard H (Director) Option Exercise 1,000 10.25 10,250
2007-02-15 Clark W Paul (Director) Option Exercise 1,000 10.25 10,250
2007-02-09 Sullivan Robert D (Director) Sale 2,633 32.71 86,132
2007-02-05 Fuerschbach Raymond G (Senior Vice President) Option Exercise 5,625 17.72 99,668
2007-02-01 Kelley Ferdinand T (Executive Vice President) Sale 6,831 32.31 220,694
2007-01-30 Lundquist Jane (Executive Vice President) Option Exercise 6,668 28.06 187,104
2007-01-29 Sullivan Robert D (Director) Sale 1,455 32.06 46,643
2007-01-24 Sullivan Robert D (Director) Sale 250 32.36 8,090
2007-01-23 Miskell Eileen C (Director) Purchase 746 32.77 24,446
2007-01-23 Spurr John H Jr (Director) Purchase 336 32.77 11,010
2007-01-23 Jones Kevin J (Director) Purchase 927 32.77 30,377
2007-01-23 Anderson Richard S (Director) Purchase 670 32.77 21,955
2006-11-22 Fuerschbach Raymond G (Senior Vice President) Sale 2,900 34.88 101,139
2006-11-13 Kelley Ferdinand T (Executive Vice President) Sale 7,160 34.02 243,559
2006-11-01 Lopolito Donna A (Director) Purchase 160 32.50 5,200
2006-10-30 Kelley Ferdinand T (Executive Vice President) Option Exercise 7,160 23.47 168,045
2006-08-21 Sheahan Denis K (Chief Financial Officer) Sale 1,000 33.39 33,390
2006-08-18 Sheahan Denis K (Chief Financial Officer) Sale 1,000 33.60 33,600
2006-08-15 Sheahan Denis K (Chief Financial Officer) Option Exercise 5,450 15.06 82,090
2006-07-21 Miskell Eileen C (Director) Purchase 434 32.46 14,086
2006-07-21 Spurr John H Jr (Director) Purchase 392 32.46 12,724
2006-07-21 Jones Kevin J (Director) Purchase 988 32.46 32,070
2006-07-21 Anderson Richard S (Director) Purchase 464 32.46 15,060
2006-05-25 Fuerschbach Raymond G (Senior Vice President) Option Exercise 5,425 9.38 50,859
2006-05-09 Lopolito Donna A (Director) Purchase 194 31.80 6,169
2006-05-08 Lopolito Donna A (Director) Purchase 106 31.80 3,370
2006-05-08 Jankowski Edward F (Chief Technology & Ops Officer) Sale 5,775 31.86 183,993
2006-04-28 Fuerschbach Raymond G (Senior Vice President) Sale 2,275 31.56 71,791
2006-04-19 Kelley Ferdinand T (Executive Vice President) Sale 3,400 32.57 110,729
2006-04-06 Sgarzi Richard H (Director) Option Exercise 5,000 8.00 40,000
2006-03-10 Anderson Richard S (Director) Option Exercise 3,000 14.29 42,875
2006-02-03 Kelley Ferdinand T (Executive Vice Presi) Sale 1,042 30.00 31,260
2006-02-03 Donovan Alfred L (Director) Sale 2,500 30.00 75,000
2006-01-31 Kelley Ferdinand T (Executive Vice Presi) Option Exercise 6,831 14.83 101,290
2006-01-27 Clark W Paul (Director) Sale 7,000 29.87 209,090
2006-01-27 Kelley Ferdinand T (Executive Vice Presi) Sale 2,874 30.00 86,220
2006-01-27 Donovan Alfred L (Director) Sale 2,500 30.00 75,000
2006-01-26 Clark W Paul (Director) Sale 23,174 29.88 692,392
2006-01-25 Clark W Paul (Director) Sale 7,910 29.69 234,847
2006-01-24 Miskell Eileen C (Director) Purchase 336 29.64 9,960
2006-01-24 Clark W Paul (Director) Sale 20,000 29.62 592,440
2006-01-24 Spurr John H Jr (Director) Purchase 349 29.64 10,345
2006-01-24 Jones Kevin J (Director) Purchase 470 29.64 13,932
2006-01-24 Anderson Richard S (Director) Purchase 559 29.64 16,570
2006-01-20 Donovan Alfred L (Director) Option Exercise 1,000 10.25 10,250
2005-11-23 Clark W Paul (Director) Sale 900 29.52 26,567
2005-11-22 Clark W Paul (Director) Sale 4,114 29.50 121,375
2005-11-22 Tedeschi Brian S (Director) Sale 25,000 29.35 733,775
2005-11-21 Sheahan Denis K (CFO and Treasurer) Sale 1,000 29.30 29,300
2005-11-18 Clark W Paul (Director) Sale 11,616 29.55 343,217
2005-11-17 Clark W Paul (Director) Sale 30,000 29.23 876,990
2005-11-16 Clark W Paul (Director) Sale 5,343 28.40 151,741
2005-11-15 Clark W Paul (Director) Sale 500 29.25 14,625
2005-11-14 Clark W Paul (Director) Sale 938 30.10 28,233
2005-11-11 Clark W Paul (Director) Sale 12,500 30.13 376,587
2005-11-10 Clark W Paul (Director) Sale 4,500 29.83 134,221
2005-11-09 Clark W Paul (Director) Sale 7,445 29.18 217,259
2005-11-08 Clark W Paul (Director) Sale 500 29.75 14,875
2005-11-07 Clark W Paul (Director) Sale 1,100 30.00 32,995
2005-11-03 Clark W Paul (Director) Sale 2,200 30.04 66,085
2005-11-02 Clark W Paul (Director) Sale 13,000 30.02 390,312
2005-11-02 Tedeschi Brian S (Director) Sale 5,000 30.03 150,160
2005-11-01 Clark W Paul (Director) Sale 3,000 29.15 87,459
2005-11-01 Tedeschi Brian S (Director) Sale 3,000 29.15 87,459
2005-10-31 Clark W Paul (Director) Sale 8,000 29.50 236,016
2005-10-31 Tedeschi Brian S (Director) Sale 3,000 29.50 88,506
2005-10-28 Clark W Paul (Director) Sale 2,000 29.25 58,500
2005-10-28 Tedeschi Brian S (Director) Sale 1,000 29.25 29,250
2005-10-27 Clark W Paul (Director) Sale 2,000 29.00 58,000
2005-10-27 Tedeschi Brian S (Director) Sale 7,693 29.01 223,181
2005-10-26 Clark W Paul (Director) Sale 1,431 28.94 41,416
2005-10-26 Hall E Winthrop (Director) Sale 6,000 29.13 174,780
2005-08-22 Spurr John H Jr (Director) Purchase 81 30.49 2,469
2005-08-22 Jones Kevin J (Director) Purchase 163 30.49 4,969
2005-08-22 Anderson Richard S (Director) Purchase 163 30.49 4,969
2005-08-19 Clark W Paul (Director) Sale 1,000 29.90 29,900
2005-08-08 Kelley Ferdinand T (Executive Vice Presi) Sale 3,800 30.15 114,570
2005-07-27 Geogan Amy A (Senior Vice Presiden) Purchase 1,000 28.88 28,880
2005-07-27 Clark W Paul (Director) Sale 5,000 29.30 146,500
2005-07-26 Spurr John H Jr (Director) Purchase 202 29.83 6,025
2005-07-26 Anderson Richard S (Director) Purchase 338 29.83 10,082
2005-07-25 Jones Kevin J (Director) Purchase 372 29.83 11,096
2005-05-10 Lundquist Jane (Executive Vice Presi) Purchase 500 26.68 13,337
2005-05-04 Kelley Ferdinand T (Executive Vice Presi) Sale 2,975 27.95 83,163
2005-05-03 Seksay Edward H (General Counsel) Sale 2,000 27.23 54,460
2005-01-19 Anderson Richard S (Director) Purchase 595 31.00 18,445

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of INDEPENDENT BANK CORP (symbol INDB, CIK number 776901) see the Securities and Exchange Commission (SEC) website.

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