NICKOLAS STAVROPOULOS - 01 Jul 2025 Form 4 Insider Report for ENTERPRISE BANCORP INC /MA/ (EBTC)

Role
Director
Signature
/s/ Joseph R. Lussier attorney-in-fact for Nickolas Stavropoulos
Issuer symbol
EBTC
Transactions as of
01 Jul 2025
Transactions value $
$0
Form type
4
Filing time
01 Jul 2025, 14:01:21 UTC
Previous filing
06 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
STAVROPOULOS NICKOLAS Director C/O ENTERPRISE BANCORP, INC., 222 MERRIMACK STREET, LOWELL /s/ Joseph R. Lussier attorney-in-fact for Nickolas Stavropoulos 01 Jul 2025 0001195025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBTC Common Stock Disposed to Issuer -5.29K -100% 0 01 Jul 2025 Direct F1, F2, F3, F4
transaction EBTC Common Stock Disposed to Issuer -4.84K -100% 0 01 Jul 2025 by Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

NICKOLAS STAVROPOULOS is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 41.2061 shares acquired through dividend reinvestment on 9/3/2024.
F2 Includes 34.0548 shares acquired through dividend reinvestment on 12/2/2024.
F3 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).
F4 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).