Patrick Ervin compensation by year
Independent Bank Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $298,000 | $306,940 | $310,009 |
| Bonus | $0 | $0 | $0 |
| Stock awards | $123,807 | $125,951 | $132,282 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $70,229 | $152,127 | $120,914 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $52,143 | $51,787 | $42,842 |
| Total | $544,179 | $636,805 | $606,047 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Independent Bank Corp DEF 14A filed March 6, 2026, accession 0000039311-26-000011, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 2,503 | $81,423 | — |
| RSU | 2,484 | $80,805 | — |
| RSU | 1,715 | $55,789 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Independent Bank Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
9 Form 4 lines since the FY2025 proxy (filed March 6, 2026)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-06-09 | Sale | — | 76 | $35.40 | 36,122 |
| 2026-06-09 | Sale | — | 780 | $35.42 | 36,440 |
| 2026-06-09 | Sale | — | 242 | $35.41 | 36,198 |
| 2026-06-09 | Sale | — | 2 | $35.44 | 36,120 |
| 2026-06-09 | Sale | — | 1,400 | $35.39 | 34,720 |
| 2026-04-06 | Tax withholding | — | 1,790 | $33.78 | 37,208 |
| 2026-04-06 | Tax withholding | — | 1,778 | $33.78 | 37,220 |
| 2026-04-06 | Exercise or conversion | — | 4,274 | — | 38,998 |
The 8 most recent of 9 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Independent Bank’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| William Kessel | President and Chief Executive Officer | $1,558,390 |
| Gavin Mohr | Executive Vice President and Chief Financial Officer | $673,720 |
| Joel Rahn | Executive Vice President - Commercial Lending | $639,840 |
| Stefanie Kimball | Executive Vice President - Chief Risk Officer | $625,630 |
| Patrick Ervin · this page | Executive Vice President - Mortgage Banking | $606,047 |
The full Independent Bank compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Independent Bank's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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