Last updated: 18 March 2024 at 5:24pm EST

Gerard Nadeau Net Worth




The estimated Net Worth of Gerard F Nadeau is at least $6.55 Million dollars as of 15 March 2022. Mr. Nadeau owns over 1,500 units of Independent Bank stock worth over $1,431,631 and over the last 17 years he sold INDB stock worth over $3,437,071. In addition, he makes $1,683,690 as Director and President of Rockland Trust at Independent Bank.

Mr. Nadeau INDB stock SEC Form 4 insiders trading

Gerard has made over 30 trades of the Independent Bank stock since 2008, according to the Form 4 filled with the SEC. Most recently he sold 1,500 units of INDB stock worth $127,410 on 15 March 2022.

The largest trade he's ever made was exercising 15,000 units of Independent Bank stock on 2 February 2018 worth over $424,050. On average, Gerard trades about 1,423 units every 59 days since 2007. As of 15 March 2022 he still owns at least 24,302 units of Independent Bank stock.

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





Gerard Nadeau biography

Gerard F. Nadeau serves as Director, President of Rockland Trust of the Company. Mr. Nadeau previously served as the Executive Vice President, Commercial Lending of Rockland Trust since July 1, 2007. Mr. Nadeau has worked at Rockland Trust in a variety of capacities since 1984, serving as a Senior Vice President of Commercial Lending from 1992 until 2007. Mr. Nadeau has served as a director of the Company and of Rockland Trust since 2017.

What is the salary of Gerard Nadeau?

As the Director and President of Rockland Trust of Independent Bank, the total compensation of Gerard Nadeau at Independent Bank is $1,683,690. There are 1 executives at Independent Bank getting paid more, with Christopher Oddleifson having the highest compensation of $3,719,670.



How old is Gerard Nadeau?

Gerard Nadeau is 61, he's been the Director and President of Rockland Trust of Independent Bank since 2018. There are 11 older and 11 younger executives at Independent Bank. The oldest executive at Independent Bank Corp. is David Powers, 71, who is the Independent Director.

What's Gerard Nadeau's mailing address?

Gerard'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. Nadeau stock trades at Independent Bank

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Mar 2022 Gerard F Nadeau
President
Sale 1,500 $84.94 $127,410
15 Mar 2022
24,302
13 May 2021 Gerard F Nadeau
President
Sale 1,500 $77.15 $115,725
13 May 2021
23,811
29 Jan 2021 Gerard F Nadeau
President
Option 6,500 $27.43 $178,295
29 Jan 2021
25,761
13 Dec 2019 Gerard F Nadeau
President
Sale 1,449 $84.55 $122,513
13 Dec 2019
16,342
30 Apr 2019 Gerard F Nadeau
President
Sale 1,215 $80.27 $97,528
30 Apr 2019
17,791
11 Mar 2019 Gerard F Nadeau
President
Sale 2,500 $81.69 $204,225
11 Mar 2019
19,227
8 Jun 2018 Gerard F Nadeau
President
Sale 3,250 $82.75 $268,938
8 Jun 2018
18,634
26 Apr 2018 Gerard F Nadeau
President
Sale 3,982 $72.90 $290,288
26 Apr 2018
21,884
2 Feb 2018 Gerard F Nadeau
President
Option 15,000 $28.27 $424,050
2 Feb 2018
32,206
31 Jul 2017 Gerard F Nadeau
President
Sale 5,193 $71.75 $372,598
31 Jul 2017
17,195
12 Jun 2017 Gerard F Nadeau
President
Option 10,000 $29.38 $293,800
12 Jun 2017
28,897
1 May 2017 Gerard F Nadeau
President
Sale 6,103 $63.71 $388,822
1 May 2017
19,322
2 Feb 2017 Gerard F Nadeau
President
Option 5,000 $33.00 $165,000
2 Feb 2017
25,449
2 Feb 2017 Gerard F Nadeau
President
Option 5,000 $33.00 $165,000
2 Feb 2017
25,449
17 Aug 2016 Gerard F Nadeau
President
Sale 2,600 $51.93 $135,018
17 Aug 2016
20,938
16 May 2016 Gerard F Nadeau
President
Sale 4,520 $46.35 $209,502
16 May 2016
23,530
3 Nov 2015 Gerard F Nadeau
President
Sale 3,460 $46.99 $162,585
3 Nov 2015
25,230
4 Aug 2015 Gerard F Nadeau
President
Sale 1,375 $49.17 $67,609
4 Aug 2015
28,690
6 May 2015 Gerard F Nadeau
President
Sale 8,708 $41.85 $364,430
6 May 2015
30,059
5 Dec 2014 Gerard F Nadeau
President
Option 6,500 $34.18 $222,170
5 Dec 2014
41,063
13 Aug 2014 Gerard F Nadeau
President
Sale 6,060 $35.83 $217,130
13 Aug 2014
34,555
4 Dec 2013 Gerard F Nadeau
President
Option 3,830 $30.14 $115,436
4 Dec 2013
39,595
22 May 2013 Gerard F Nadeau
President
Sale 5,100 $33.21 $169,371
22 May 2013
38,345
23 Nov 2010 Gerard F Nadeau
President
Option 4,675 $11.91 $55,679
23 Nov 2010
25,175
2 Nov 2010 Gerard F Nadeau
President
Sale 1,000 $23.75 $23,750
2 Nov 2010
800
20 Aug 2009 Gerard F Nadeau
President
Sale 1,000 $23.13 $23,130
20 Aug 2009
15,750
11 Jun 2009 Gerard F Nadeau
President
Option 1,800 $12.41 $22,338
11 Jun 2009
16,750
20 May 2009 Gerard F Nadeau
President
Sale 1,000 $21.00 $21,000
20 May 2009
1,950
29 Jan 2008 Gerard F Nadeau
President
Sale 2,000 $27.75 $55,500
29 Jan 2008
2,907
22 Jan 2008 Gerard F Nadeau
President
Option 2,000 $14.34 $28,680
22 Jan 2008
4,907


Independent Bank executives and stock owners

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