(EBTC)

Role: EVP - Principal Subsidiary
Signature: /s/ Joseph R. Lussier as attorney-in-fact for David Lynch
Stock symbol: EBTC
Transactions as of: Jul 1, 2025
Transactions value $: -$91,132
Form type: 4
Date filed: 7/1/2025, 03:44 PM
Previous filing: May 15, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LYNCH DAVID	EVP - Principal Subsidiary	C/O ENTERPRISE BANCORP, INC., 222 MERRIMACK STREET, LOWELL	/s/ Joseph R. Lussier as attorney-in-fact for David Lynch	2025-07-01	0002068029

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EBTC	Common Stock	Tax liability	-$91.1K	-2.3K	-25.19%	$39.64	6.83K	Jul 1, 2025	Direct	F1
transaction	EBTC	Common Stock	Disposed to Issuer		-6.83K	-100%		0	Jul 1, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id	Content
F1	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).
F2	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).

Content

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).

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).