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.
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.
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Key Figures
Shares to be sold: 13,500 shares of common stock
Aggregate market value: $296,329.05
Sale date: 09/01/2026
+3 more
6 metrics
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
Key Terms
Rule 144, Restricted Stock, aggregate market value, NASDAQ
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.
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
AI-generated analysis. How Rhea-AI works. Not financial advice.