Form 4: EBC Executive Chair reports 50,000-share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eastern Bankshares (EBC) Executive Chair reported an open‑market purchase of 50,000 shares of common stock on 10/28/2025 at an average price of $17.21 (trade prices ranged from $17.01 to $17.35), coded P for purchase.
Following this transaction, the reporting person beneficially owned 403,274 shares directly (including 200,000 held in joint tenancy with spouse) and 4,005 shares indirectly via an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares ($860,500)
Net Buy
2 txns
Insider
Rivers Robert Francis
Role
Executive Chair
Bought
50,000 shs ($861K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $17.21 | $861K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 403,274 shares (Direct);
Common Stock — 4,005 shares (Indirect, By ESOP)
Footnotes (1)
- Represents the average purchase price. The actual purchase prices range from $17.01 to $17.35 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. Includes 200,000 shares held in joint tenancy with spouse. Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
FAQ
What did EBC's insider report on Form 4?
An open‑market purchase of 50,000 shares at a $17.21 average price on 10/28/2025.
What transaction code was used on the Form 4?
Code P, indicating an open‑market or private purchase.