Director Deborah Jackson of Eastern Bankshares (EBC) granted 3,883 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jackson Deborah C reported acquisition or exercise transactions in this Form 4 filing.
Eastern Bankshares, Inc. director Deborah C. Jackson reported a compensation-related equity grant. She received 3,883 shares of restricted common stock at $0.00 per share under the company’s 2021 Equity Incentive Plan, increasing her direct holdings to 75,339 common shares.
The new restricted stock is scheduled to vest in full on the anniversary of the grant date of May 18, 2026. Her direct position now consists of 59,036 regular common shares, 12,420 previously granted restricted shares that vest ratably over five years from November 30, 2021, and the 3,883 newly granted restricted shares. She also reports 19,000 common shares held indirectly through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jackson Deborah C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,883 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 75,339 shares (Direct, null);
Common Stock — 19,000 shares (Indirect, By IRA)
Footnotes (1)
- These shares represent restricted stock that was granted under the Issuer's 2021 Equity Incentive Plan pursuant to the terms of such plan. This restricted stock is scheduled to vest in full on the anniversary of the grant date of May 18, 2026. Consists of (i) 59,036 shares of common stock; (ii) 12,420 remaining shares of restricted stock that vest ratably over a five-year period on the anniversary of the November 30, 2021 date of grant; and (iii) 3,883 shares of restricted stock reported on this Form 4.
Key Figures
Restricted stock grant: 3,883 shares
Grant price: $0.00 per share
Direct holdings after grant: 75,339 shares
+4 more
7 metrics
Restricted stock grant
3,883 shares
Restricted common stock awarded on May 18, 2026 grant date reference
Grant price
$0.00 per share
Price per share for 3,883 restricted shares
Direct holdings after grant
75,339 shares
Total Eastern Bankshares common shares held directly after transaction
Indirect IRA holdings
19,000 shares
Common stock held indirectly through an IRA
Regular common stock within direct position
59,036 shares
Component of direct holdings excluding restricted stock awards
Prior restricted stock award
12,420 shares
Restricted stock vesting ratably over five years from November 30, 2021
Vesting date for new grant
May 18, 2026
New 3,883-share restricted stock grant vests in full on this date
Key Terms
restricted stock, 2021 Equity Incentive Plan, vest, IRA
4 terms
restricted stock financial
"These shares represent restricted stock that was granted under the Issuer's 2021 Equity Incentive Plan"
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.
2021 Equity Incentive Plan financial
"restricted stock that was granted under the Issuer's 2021 Equity Incentive Plan pursuant to the terms of such plan"
vest financial
"This restricted stock is scheduled to vest in full on the anniversary of the grant date of May 18, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
IRA financial
"direct_or_indirect: "I", nature_of_ownership: "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
