William Kessel compensation by year
Independent Bank Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $455,000 | $465,000 | $480,000 | $495,000 | $510,000 | $520,200 | $535,800 | $568,000 | $602,080 | $644,225 |
| Bonus | $0 | $0 | $0 | — | — | — | — | — | $0 | $0 |
| Stock awards | $227,584 | $230,523 | $232,979 | $251,172 | $257,400 | $272,223 | $282,638 | $318,106 | $330,138 | $446,694 |
| Option awards | $0 | $0 | $0 | — | — | — | — | — | $0 | $0 |
| Non-equity incentive | $220,000 | $266,079 | $349,870 | $286,783 | $469,404 | $442,136 | $348,500 | $170,587 | $385,500 | $391,307 |
| Pension and deferred compensation | $0 | $0 | $0 | — | — | — | — | — | $0 | $0 |
| All other | $35,185 | $41,738 | $40,449 | $68,040 | $56,415 | $106,332 | $72,363 | $65,427 | $76,731 | $76,164 |
| Total | $937,769 | $1,003,340 | $1,103,298 | $1,100,995 | $1,293,219 | $1,340,891 | $1,239,301 | $1,122,120 | $1,394,449 | $1,558,390 |
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.
How this page was built: the Independent Bank Corp filed document, accession 0000039311-26-000011. Every figure is read from that document and cited to the page and table it appears in. Filed March 6, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 6,511 | $211,803 | — |
| RSU | 6,431 | $209,200 | — |
| RSU | 5,791 | $188,381 | — |
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
12 Form 4 lines since the FY2025 proxy (filed March 6, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-15 | Sale | — | 106 | $37.25 | 159,041 |
| 2026-09-15 | Sale | — | 194 | $37.17 | 159,542 |
| 2026-09-15 | Sale | — | 200 | $37.18 | 159,342 |
| 2026-09-15 | Sale | — | 195 | $37.19 | 159,147 |
| 2026-09-15 | Sale | — | 405 | $37.30 | 158,636 |
| 2026-09-15 | Sale | — | 100 | $37.38 | 157,936 |
| 2026-09-15 | Sale | — | 600 | $37.36 | 158,036 |
| 2026-09-15 | Sale | — | 100 | $37.41 | 157,836 |
The 8 most recent of 12 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 · this page | 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 | Executive Vice President - Mortgage Banking | $606,047 |
Board service
Independent Bank board · FY2021–FY2025How this board is paid
Company policy: Independent Bank pays directors a $40,000 cash retainer and $40,000 in Stock. As stated in Independent Bank's FY2025 proxy.
The full Independent Bank compensation record
free company briefThis page is one person within Independent Bank's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Independent Bank proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Independent Bank's full Executive Compensation Report with peer benchmarking.
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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