Eastern Bankshares director receives 3,883 restricted shares

Jackson Deborah C reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 3,883 shares

Grant/Award 2 txns

Insider Jackson Deborah C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,883	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 75,339 shares (Direct); Common Stock — 19,000 shares (Indirect, By IRA)

Footnotes (2)

1. F1. 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.
2. F2. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Eastern Bankshares (EBC) director Deborah Jackson report in this Form 4?

Deborah Jackson reported receiving 3,883 shares of restricted common stock as compensation. The grant was made at $0.00 per share under Eastern Bankshares’ 2021 Equity Incentive Plan and increased her directly held common stock position to 75,339 shares following the transaction.

How many Eastern Bankshares (EBC) shares does Deborah Jackson hold after this filing?

After the reported grant, Deborah Jackson holds 75,339 Eastern Bankshares common shares directly. This total includes regular common stock and multiple restricted stock awards. She also reports an additional 19,000 common shares held indirectly through an IRA account associated with her.

What are the vesting terms of Deborah Jackson’s new Eastern Bankshares restricted stock?

The 3,883 new restricted shares are scheduled to vest in full on May 18, 2026. Her earlier restricted stock award of 12,420 shares continues to vest ratably over five years, on each anniversary of the original November 30, 2021 grant date under the company’s plan.

Is Deborah Jackson’s Eastern Bankshares Form 4 transaction an open-market purchase or sale?

The reported transaction is a grant or award acquisition, not an open-market trade. She received 3,883 restricted shares at $0.00 per share as part of equity compensation, so there was no market buy or sell of Eastern Bankshares stock in this filing.

How is Deborah Jackson’s Eastern Bankshares ownership split between direct and indirect holdings?

She reports 75,339 common shares held directly, including regular and restricted stock. Separately, she reports 19,000 common shares held indirectly through an IRA. The Form 4 distinguishes these positions using direct and indirect ownership codes for clarity on the holding structure.

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

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Accepted by SEC EDGAR 05/20/2026 - 04:15 PM Learn about SEC filing dates

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^*

Jackson Deborah C

(Last) (First) (Middle)

125 HIGH STREET

(Street)

BOSTON MASSACHUSETTS 02110

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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

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

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

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	05/18/2026		A		3,883(1)	A	$0	75,339(2)	D
Common Stock								19,000	I	By IRA

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. 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.

2. 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.

	/s/ Laura Vaughn Burek	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)