John T. Grady - 01 Jul 2025 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Role
Director
Signature
/s/ Joseph R. Lussier as attorney-in-fact for John T. Grady, Jr.
Issuer symbol
EBTC
Transactions as of
01 Jul 2025
Transactions value $
$0
Form type
4
Filing time
01 Jul 2025, 13:43:05 UTC
Previous filing
21 Jun 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GRADY JOHN T JR Director C/O ENTERPRISE BANCORP, 222 MERRIMACK STREET, LOWELL /s/ Joseph R. Lussier as attorney-in-fact for John T. Grady, Jr. 01 Jul 2025 0001570577

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBTC Common Stock Disposed to Issuer -9.39K -100% 0 01 Jul 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John T. Grady is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of December 8, 2024 (the "Merger Agreement"), by and among Enterprise Bancorp, Inc. ("Enterprise"), Enterprise Bank and Trust Company, Independent Bank Corp. ("Independent") and Rockland Trust Company, each issued and outstanding share of Enterprise common stock was converted into the right to receive (i) $2.00 in cash and (ii) 0.60 shares of Independent common stock (subject to the payment of cash in lieu of fractional shares).
F2 In accordance with the Merger Agreement, all unvested shares of restricted stock automatically vested in full at the Effective Time (as defined in the Merger Agreement) to the extent not previously forfeited, and was considered outstanding shares of Enterprise common entitled to receive the Merger Consideration (as defined in the Merger Agreement).