Eastern Bankshares director proposes $87K stock sale
Eastern Bankshares, Inc. (EBC) director Richard C. Bane filed a notice of proposed sale of 4,000 shares of the company’s common stock under Rule 144.
Rhea-AI Filing Summary
Eastern Bankshares, Inc. (EBC) director Richard C. Bane filed a notice of proposed sale of 4,000 shares of the company’s common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of $87,100.40 as of September 14, 2026. The securities consist of restricted stock originally acquired from the issuer on November 30, 2022.
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Key Figures
Shares proposed to be sold: 4,000 shares
Aggregate market value: $87,100.40
Acquisition date of restricted stock: November 30, 2022
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6 metrics
Shares proposed to be sold
4,000 shares
Common stock under Rule 144 notice by director Richard C. Bane
Aggregate market value
$87,100.40
Value of 4,000 common shares as of September 14, 2026
Acquisition date of restricted stock
November 30, 2022
Date the restricted stock was acquired from the issuer
Form type
Form 144
Notice of proposed sale of restricted or control securities
Planned sale date reference
September 14, 2026
Date tied to the proposed sale and market value entry
Security type
Common stock (restricted)
Eastern Bankshares, Inc. securities to be sold
Key Terms
Rule 144, Restricted Stock, aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 11/30/2022 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 4000 | 87100.40"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
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AI-generated analysis. How Rhea-AI works. Not financial advice.