Eastern Bankshares officer plans $304K stock sale
An Eastern Bankshares officer filed a Rule 144 notice to sell 14,000 common shares valued at about $303,555.
Rhea-AI Filing Summary
Eastern Bankshares, Inc. (EBC) received a notice that officer Kathleen Cloherty Henry plans to sell 14,000 shares of its common stock under Rule 144 through Morgan Stanley Smith Barney LLC. The shares were acquired as Performance Shares on March 1, 2025, with an indicated aggregate market value of $303,555. Eastern Bankshares reports 228,511,552 common shares outstanding and lists its common stock on NASDAQ.
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Key Figures
Shares to be sold: 14,000 shares
Aggregate market value of shares: $303,555
Shares outstanding: 228,511,552 shares
+3 more
6 metrics
Shares to be sold
14,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value of shares
$303,555
Value of 14,000 Eastern Bankshares common shares to be sold
Shares outstanding
228,511,552 shares
Eastern Bankshares common shares outstanding
Security type
Common stock
Class of securities to be sold under Rule 144
Acquisition date of performance shares
March 1, 2025
Date the 14,000 performance shares were acquired
Planned sale date reference
September 2, 2026
Date referenced in the Form 144 notice and signature
Key Terms
Rule 144, Performance Shares, aggregate market value, Executive Financial Services
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 | Morgan Stanley Smith Barney LLC ... | 14000 | 303555.00"
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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.