Eastern Bankshares (EBC) awards CFO 11,156 restricted stock units

Rhea-AI Filing Summary

Eastern Bankshares, Inc. reported that Chief Financial Officer R. David Rosato acquired 11,156 restricted stock units on March 2, 2026 as a grant at no cost. These units convert into common stock on a one-for-one basis and vest in three equal annual installments beginning March 2, 2027, subject to continued service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rosato R David

(Last) (First) (Middle)

125 HIGH STREET

(Street)

BOSTON MA 02110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Eastern Bankshares, Inc. [ EBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								8,022	D
Common Stock								40,000	I	By Spouse in Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)							(3)	(3)	Common stock	22,714		22,714	D
Restricted Stock Units	(1)							(4)	(4)	Common stock	12,408		12,408	D
Restricted Stock Units	(2)	03/02/2026		A		11,156		(5)	(5)	Common stock	11,156	$0	11,156	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.

3. On September 3, 2024, the reporting person was granted 34,070 restricted stock units that vest in three equal annual installments beginning September 3, 2025, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.

4. On March 3, 2025, the reporting person was granted 12,408 restricted stock units that vest in three equal annual installments beginning March 3, 2026, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.

5. On March 2, 2026, the reporting person was granted 11,156 restricted stock units that vest in three equal annual installments beginning March 2, 2027, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.

	/s/ Kathleen R. Henry, by Power of Attorney	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Eastern Bankshares (EBC) report for its CFO?

Eastern Bankshares reported that CFO R. David Rosato received a grant of 11,156 restricted stock units on March 2, 2026. The award was made at no cost and represents additional equity-based compensation tied to his continued service with the company.

How many restricted stock units did the Eastern Bankshares CFO receive in the latest grant?

The CFO received 11,156 restricted stock units in the latest grant. Each unit represents a contingent right to receive one share of Eastern Bankshares common stock, providing potential future ownership as the units vest over time according to the award schedule.

What is the vesting schedule for the 11,156 RSUs granted to Eastern Bankshares’ CFO?

The 11,156 restricted stock units vest in three equal annual installments beginning March 2, 2027. Vesting is subject to continued service, and shares of Eastern Bankshares common stock will be issued as soon as practicable after each vesting date under the award terms.

Do the CFO’s restricted stock units at Eastern Bankshares convert into common stock?

Yes, the restricted stock units convert into Eastern Bankshares common stock on a one-for-one basis. Each RSU represents a contingent right to receive one share, which will be delivered once the applicable vesting conditions and dates are satisfied under the grant agreement.

Did the Eastern Bankshares CFO pay a purchase price for the 11,156 RSU grant?

No, the Form 4 shows the 11,156 restricted stock units were granted at a price of $0.00 per unit. This indicates the award is a component of equity compensation rather than an open-market purchase of Eastern Bankshares common stock by the executive.

What prior restricted stock unit grants to the Eastern Bankshares CFO are disclosed?

Footnotes show earlier grants of 34,070 RSUs on September 3, 2024 and 12,408 RSUs on March 3, 2025. Each of these awards vests in three equal annual installments, beginning one year after the respective grant date, contingent on the CFO’s continued service with the company.