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CFO-linked trust adds 10,000 Eastern Bankshares (EBC) shares in open-market buys

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Eastern Bankshares, Inc. insider activity shows indirect open-market buying linked to Chief Financial Officer R David Rosato. A trust held by his spouse purchased 5,000 shares of common stock at $18.45 per share on March 6, 2026, and another 5,000 shares at $19.17 per share on March 5, 2026. After these transactions, the trust’s indirect holdings reported were 50,000 common shares. A separate line reflects 10,732 common shares held directly as of March 5, 2026, recorded as a holdings update rather than a new trade.

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*
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)
03/05/2026
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 10,732 D
Common Stock 03/05/2026 P 5,000 A $19.17 45,000 I By Spouse in Trust
Common Stock 03/06/2026 P 5,000 A $18.45 50,000 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
Explanation of Responses:
/s/ Kathleen R. Henry, by Power of Attorney 03/09/2026
** 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 transactions did Eastern Bankshares (EBC) report for R David Rosato?

A trust associated with Eastern Bankshares CFO R David Rosato reported buying 10,000 common shares in two open-market transactions. These occurred on March 5 and 6, 2026, and are reported as indirect ownership through his spouse’s trust.

How many Eastern Bankshares (EBC) shares were purchased and at what prices?

The spouse’s trust bought 5,000 Eastern Bankshares common shares at $19.17 per share on March 5, 2026, and another 5,000 shares at $18.45 per share on March 6, 2026. Both are classified as open-market purchase transactions.

What are the total indirect holdings after these Eastern Bankshares (EBC) insider purchases?

Following the reported open-market purchases, the spouse’s trust is shown holding 50,000 Eastern Bankshares common shares indirectly. This figure reflects the total indirect ownership after the March 6, 2026 transaction according to the Form 4 data provided.

Does R David Rosato have direct holdings of Eastern Bankshares (EBC) stock?

Yes. In addition to the indirect holdings via his spouse’s trust, a separate line item lists 10,732 Eastern Bankshares common shares held directly. This direct position is shown as of March 5, 2026, and is reported as a holdings entry.

Were any Eastern Bankshares (EBC) shares sold in this Form 4 filing?

No sales are reported in this Form 4. The normalized transaction data show two open-market purchase transactions totaling 10,000 Eastern Bankshares common shares and no sell transactions, with the net activity classified as net buying of shares.
Eastern Bankshares, Inc.

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4.28B
232.70M
Banks - Regional
Savings Institution, Federally Chartered
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United States
BOSTON