STOCK TITAN

Eastern Bankshares (EBC) CAO sells 10,000 shares at $21.65

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Eastern Bankshares, Inc. officer David Andrew Ahlquist, SVP and Chief Accounting Officer, reported selling 10,000 shares of common stock on February 5, 2026 at an average price of $21.65 per share. The filing notes actual sale prices ranged from $21.64 to $21.68.

After the transaction, he beneficially owns 9,518 shares directly, plus 22,682 shares indirectly through a 401(k) plan and 4,031 shares through an ESOP, including shares received via automatic dividend reinvestment as of the report date.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Ahlquist David Andrew

(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)
SVP, Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
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 02/05/2026 S 10,000 D $21.65(1) 9,518 D
Common Stock 22,682 I(2) By 401(k)
Common Stock 4,031 I(2) By ESOP
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
Explanation of Responses:
1. Represents the average sales price. The actual sales prices range from $21.64 to $21.68 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
2. Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
/s/ Kathleen R. Henry, by Power of Attorney 02/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Eastern Bankshares (EBC) report for David Ahlquist?

Eastern Bankshares reported that SVP and Chief Accounting Officer David Andrew Ahlquist sold 10,000 shares of common stock on February 5, 2026 at an average price of $21.65 per share. The Form 4 filing classifies this as an open market sale transaction.

At what prices were the Eastern Bankshares (EBC) shares sold in this Form 4?

The reported 10,000-share sale used an average price of $21.65 per share. Actual sale prices ranged from $21.64 to $21.68 per share, and the reporting person has agreed to provide full trade-by-trade pricing details to regulators, the issuer, or any security holder upon request.

How many Eastern Bankshares (EBC) shares does David Ahlquist own after the reported sale?

After the sale, David Andrew Ahlquist beneficially owns 9,518 Eastern Bankshares common shares directly. He also holds 22,682 shares indirectly through a 401(k) plan and 4,031 shares through an employee stock ownership plan, including shares from automatic dividend reinvestment as of the report date.

What indirect Eastern Bankshares (EBC) holdings are reported for David Ahlquist?

The Form 4 discloses that David Andrew Ahlquist indirectly holds 22,682 Eastern Bankshares common shares through a 401(k) plan and 4,031 shares through an ESOP. These figures include shares accumulated via automatic dividend reinvestment as of the filing’s report date.

What role does David Ahlquist hold at Eastern Bankshares (EBC) in this Form 4?

The reporting person, David Andrew Ahlquist, is identified as an officer of Eastern Bankshares, serving as Senior Vice President and Chief Accounting Officer. He is not listed as a director or 10% owner in this Form 4 insider transaction disclosure.
Eastern Bankshares, Inc.

NASDAQ:EBC

EBC Rankings

EBC Latest News

EBC Latest SEC Filings

EBC Stock Data

4.71B
232.71M
1.26%
77.66%
3.7%
Banks - Regional
Savings Institution, Federally Chartered
Link
United States
BOSTON