Last updated: 22 May 2024 at 5:03pm EST

Thomas Venables Net Worth




The estimated Net Worth of Thomas R Venables is at least $2.65 Million dollars as of 12 August 2020. Mr. Venables owns over 500 units of Independent Bank stock worth over $1,024,209 and over the last 16 years he sold INDB stock worth over $1,522,797. In addition, he makes $105,122 as Independent Director at Independent Bank.

Mr. Venables INDB stock SEC Form 4 insiders trading

Thomas has made over 9 trades of the Independent Bank stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 500 units of INDB stock worth $14,440 on 12 August 2020.

The largest trade he's ever made was selling 7,795 units of Independent Bank stock on 5 December 2019 worth over $652,208. On average, Thomas trades about 944 units every 50 days since 2009. As of 12 August 2020 he still owns at least 17,386 units of Independent Bank stock.

You can see the complete history of Mr. Venables stock trades at the bottom of the page.





Thomas Venables biography

Thomas R. Venables serves as Independent Director of the Company. Mr. Venables co-founded Lighthouse Bank of Waltham, Massachusetts in 1999 and served as its President and CEO and as a director. From 1998 to 1999, Mr. Venables was employed as a banking consultant with Marsh and McLennan Capital, Inc. He was employed by Grove Bank of Newton, Massachusetts from 1974 until it was acquired by Citizens Bank in 1997, serving as its President and CEO and as a director for the last 11 years of his tenure. Mr. Venables has served as a director of the Company and Rockland Trust since 2009. The Board and the nominating committee have determined that Mr. Venables is qualified to serve as a director based upon his prior service as a director of the Company and of Rockland Trust, his mature business judgment, his inquisitive and objective perspective, his familiarity with the communities that Rockland Trust serves, and his prior service as a director of other banks.

What is the salary of Thomas Venables?

As the Independent Director of Independent Bank, the total compensation of Thomas Venables at Independent Bank is $105,122. There are 16 executives at Independent Bank getting paid more, with Christopher Oddleifson having the highest compensation of $3,719,670.



How old is Thomas Venables?

Thomas Venables is 65, he's been the Independent Director of Independent Bank since 2009. There are 4 older and 19 younger executives at Independent Bank. The oldest executive at Independent Bank Corp. is David Powers, 71, who is the Independent Director.

What's Thomas Venables's mailing address?

Thomas's mailing address filed with the SEC is C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND, MA, 02370.

Insiders trading at Independent Bank

Over the last 22 years, insiders at Independent Bank have traded over $33,977,938 worth of Independent Bank stock and bought 60,915 units worth $1,761,982 . The most active insiders traders include Jeffrey J Tengel, Lee C Powlus, and W Paul Clark. On average, Independent Bank executives and independent directors trade stock every 18 days with the average trade being worth of $195,640. The most recent stock trade was executed by Eileen C Miskell on 3 June 2024, trading 1,134 units of INDB stock currently worth $56,949.



What does Independent Bank do?

about rockland trust company independent bank corp. has approximately $7.1 billion in assets and is the holding company for rockland trust company, a full-service commercial bank headquartered in massachusetts. rockland trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices,investment management offices, and residential lending centers in eastern massachusetts and rhode island as well as through telephone banking, mobile banking, and the internet. rockland trust is an fdic member and an equal housing lender. to learn why rockland trust is the bank “where each relationship matters®,” please visit www.rocklandtrust.com. member fdic - equal housing lender.



What does Independent Bank's logo look like?

Independent Bank Corp. logo

Complete history of Mr. Venables stock trades at Independent Bank

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
12 Aug 2020 Thomas R Venables
Director
Option 500 $28.88 $14,440
12 Aug 2020
17,386
5 Dec 2019 Thomas R Venables
Director
Sale 7,795 $83.67 $652,208
5 Dec 2019
16,028
15 Nov 2019 Thomas R Venables
Director
Sale 1,200 $85.08 $102,096
15 Nov 2019
23,823
12 Nov 2019 Thomas R Venables
Director
Option 5,000 $23.07 $115,350
12 Nov 2019
26,377
23 Oct 2019 Thomas R Venables
Director
Sale 1,280 $82.50 $105,600
23 Oct 2019
21,377
25 May 2018 Thomas R Venables
Director
Sale 466 $76.65 $35,719
25 May 2018
22,157
2 Dec 2016 Thomas R Venables
Director
Sale 3,300 $64.59 $213,147
2 Dec 2016
21,623
2 Dec 2016 Thomas R Venables
Director
Sale 3,300 $64.59 $213,147
2 Dec 2016
21,623
26 Oct 2016 Thomas R Venables
Director
Sale 3,600 $55.80 $200,880
26 Oct 2016
24,923


Independent Bank executives and stock owners

Independent Bank executives and other stock owners filed with the SEC include: