Eastern Bankshares (EBC) Insider Buys Reported by Steven Antonakes

Rhea-AI Filing Summary

Steven L. Antonakes, Executive VP and director of Eastern Bankshares, Inc. (EBC), reported insider purchases on 08/27/2025. The filing shows two non-derivative purchases: 940 shares acquired at $17.02 each, which brought his direct holdings to 62,358 shares, and 5,244 shares acquired at $17.07 each, reported as indirect ownership with 12,925 shares indicated as beneficially owned indirectly. The report also discloses 3,976 shares held indirectly by an ESOP. The filing was signed by Kathleen R. Henry by power of attorney on 08/29/2025. The report includes an explanatory note that share totals reflect dividend reinvestment where applicable.

Positive

• Insider purchases reported: 940 shares at $17.02 and 5,244 shares at $17.07 on 08/27/2025
• Increased beneficial ownership: direct holdings reported at 62,358 shares; indirect holdings include 12,925 shares and 3,976 ESOP shares

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider purchases by an executive were reported, increasing both direct and indirect holdings modestly.

The Form 4 documents purchases on 08/27/2025 by Steven L. Antonakes. A direct purchase of 940 shares at $17.02 increased reported direct beneficial ownership to 62,358 shares. A second purchase of 5,244 shares at $17.07 is recorded as indirect, with 12,925 shares shown as indirectly beneficially owned; an additional 3,976 shares are held indirectly via an ESOP. These are straightforward Section 16 disclosures showing acquisition activity by a company insider. The filing contains no other material transactions, options, dispositions, or disclosures of contingent arrangements.

Corporate Governance Expert

TL;DR: Form 4 reflects routine insider acquisitions and standard reporting via power of attorney.

The submission is a routine Statement of Changes in Beneficial Ownership for an officer/director. It lists two purchase transactions and notes holdings attributable to a 401(k) plan and an ESOP. The report was executed under power of attorney, a common administrative practice. No departures, grants, exercises, or disclosures of unusual arrangements are present. From a governance and disclosure perspective, the filing meets Section 16 reporting requirements and provides clear quantities, prices, and ownership forms.

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^*

Antonakes Steven Louis

(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)
	Executive VP

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

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	08/27/2025		P		940	A	$17.02	62,358	D
Common Stock	08/27/2025		P		5,244	A	$17.07	12,925	I(1)	By 401(k)
Common Stock								3,976	I(1)	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. 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	08/29/2025
	** 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 Steven L. Antonakes report on Form 4 for EBC?

He reported two purchases on 08/27/2025: 940 shares at $17.02 (direct) and 5,244 shares at $17.07 (indirect).

How many shares does Antonakes beneficially own after the reported transactions?

Direct beneficial ownership: 62,358 shares; Indirect beneficial ownership: 12,925 shares plus 3,976 ESOP shares as disclosed.

What prices were paid for the shares reported on the Form 4?

Prices reported: $17.02 per share for the 940-share purchase and $17.07 per share for the 5,244-share purchase.

When was the Form 4 signed and filed for these transactions?

The signature block shows: filing executed by Kathleen R. Henry, by power of attorney, dated 08/29/2025, reporting transactions dated 08/27/2025.

Does the Form 4 disclose holdings in retirement plans?

Yes. The filing indicates 401(k) and ESOP holdings contributing to indirect beneficial ownership (3,976 ESOP shares noted).