Eastern Bankshares (NASDAQ: EBC) director plans $236K stock sale
Rhea-AI Filing Summary
Eastern Bankshares, Inc. (EBC) received a notice under Rule 144 that director Joseph F. Casey, through Fidelity Brokerage Services LLC, intends to sell 10,000 shares of common stock. The filing lists an aggregate market value of $236,200.00 and notes approximately 228,511,552 common shares outstanding, with sales expected as open market transactions on NASDAQ.
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Key Figures
Shares proposed to be sold: 10,000 shares
Aggregate market value of shares: $236,200.00
Shares outstanding: 228,511,552 shares
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4 metrics
Shares proposed to be sold
10,000 shares
Common stock to be sold under Rule 144 by director Joseph F. Casey
Aggregate market value of shares
$236,200.00
Value of 10,000 Eastern Bankshares, Inc. common shares listed in the notice
Shares outstanding
228,511,552 shares
Approximate Eastern Bankshares, Inc. common shares outstanding noted in the filing
Planned transaction date
02/13/2026
Date associated with the Rule 144 open market transaction entry
Key Terms
Rule 144, aggregate market value, open market purchase, attorney-in-fact
4 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.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 10000 | 236200.00 |"
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.
open market purchase market
"Common | 02/13/2026 | Open Market Purchase | Issuer |"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
attorney-in-fact regulatory
"as attorney-in-fact for Joseph F. Casey."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.