STOCK TITAN

Eastern Bankshares officer plans $296K stock sale

Eastern Bankshares, Inc. (EBC) officer Steven Louis Antonakes filed a Rule 144 notice to sell up to 13,500 shares of Eastern Bankshares common stock through Morgan Stanley Smith Barney LLC.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Eastern Bankshares, Inc. (EBC) officer Steven Louis Antonakes filed a Rule 144 notice to sell up to 13,500 shares of Eastern Bankshares common stock through Morgan Stanley Smith Barney LLC. The shares, with an aggregate market value of $296,329.05, relate to restricted stock awards dated March 1, 2023 and March 1, 2024, with a stated sale date of September 1, 2026.

Positive

  • None.

Negative

  • None.
Shares to be sold 13,500 shares of common stock Shares covered by Rule 144 notice for Eastern Bankshares, Inc.
Aggregate market value $296,329.05 Aggregate market value of the 13,500 shares covered by the notice
Sale date 09/01/2026 Date associated with the planned sale of common stock
Restricted stock award 1 6,487 shares Common stock from restricted stock dated 03/01/2023
Restricted stock award 2 6,417 shares Common stock from restricted stock dated 03/01/2024
Restricted stock award 3 596 shares Common stock from restricted stock dated 03/01/2024
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 | 03/01/2023 | 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 Executive Financial Services ... | 13500 | 296329.05 |"
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.
NASDAQ market
"| 228511552 | 09/01/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

What does the Form 144 filing disclose for Eastern Bankshares, Inc. (EBC)?

The filing discloses that officer Steven Louis Antonakes intends to sell up to 13,500 shares of Eastern Bankshares, Inc. common stock under Rule 144, with an aggregate market value of $296,329.05, through Morgan Stanley Smith Barney LLC.

How many EBC shares are covered by Steven Antonakes’ Form 144?

The notice covers up to 13,500 shares of Eastern Bankshares, Inc. common stock. These shares are tied to restricted stock awards dated March 1, 2023 and March 1, 2024, each with specific share amounts listed in the filing.

What is the aggregate market value of the EBC shares in this Form 144?

The filing lists an aggregate market value of $296,329.05 for the 13,500 Eastern Bankshares, Inc. common shares covered by the planned Rule 144 sale.

When is the sale of EBC shares expected to occur under this Form 144?

The filing states a date of September 1, 2026 in connection with the planned sale of Eastern Bankshares, Inc. common shares under Rule 144.

What types of securities are being sold in this Eastern Bankshares (EBC) Form 144?

The securities are common stock of Eastern Bankshares, Inc., originating from restricted stock awards issued on March 1, 2023 and March 1, 2024, with separate share amounts shown for each award.

Which broker is handling the planned sale of Eastern Bankshares (EBC) shares?

The planned sale will be handled through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as identified in the filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature