Eastern Bankshares director granted 3,883 restricted shares

Harlam Bari A reported acquisition or exercise transactions in this Form 4 filing.

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

Rhea-AI Filing Summary

Harlam Bari A reported acquisition or exercise transactions in this Form 4 filing.

Eastern Bankshares, Inc. director Bari A. Harlam received a grant of 3,883 shares of restricted common stock at no cost under the company’s 2021 Equity Incentive Plan. This restricted stock is scheduled to vest in full on May 18, 2026.

After this award, Harlam directly holds 81,967 shares, consisting of 65,664 shares of common stock, 12,420 previously granted restricted shares that vest over five years from November 30, 2021, and the 3,883 new restricted shares reported in this filing.

Insider Trade Summary

Grant/Award: 3,883 shares

Grant/Award 1 txn

Insider Harlam Bari A

Role Director

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

Holdings After Transaction: Common Stock — 81,967 shares (Direct)

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) 65,664 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 shares granted: 3,883 shares Total shares after transaction: 81,967 shares Common stock holdings: 65,664 shares +2 more

5 metrics

Restricted shares granted 3,883 shares Restricted stock grant on May 18, 2026 vesting schedule

Total shares after transaction 81,967 shares Direct holdings following the May 18, 2026 grant

Common stock holdings 65,664 shares Portion of total direct holdings that is common stock

Prior restricted stock 12,420 shares Restricted stock vesting ratably over five years from Nov 30, 2021

Grant price per share $0.0000 per share Reported transaction price for the restricted stock award

Key Terms

restricted stock, 2021 Equity Incentive Plan, vest, common stock

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

"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"

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.

common stock financial

"Consists of (i) 65,664 shares of common stock; (ii) 12,420 remaining shares of restricted stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

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

What insider transaction did Eastern Bankshares (EBC) report for Bari A. Harlam?

Eastern Bankshares reported that director Bari A. Harlam received 3,883 shares of restricted common stock as a grant. The award was made at no cash cost and is classified as a grant or other acquisition rather than an open-market purchase.

When do Bari A. Harlam’s newly granted Eastern Bankshares (EBC) restricted shares vest?

The 3,883 newly granted restricted shares are scheduled to vest in full on May 18, 2026. Until that date, they remain subject to the terms and conditions of Eastern Bankshares’ 2021 Equity Incentive Plan and the applicable award agreement.

How many Eastern Bankshares (EBC) shares does Bari A. Harlam hold after this Form 4?

Following the grant, Bari A. Harlam directly holds a total of 81,967 Eastern Bankshares shares. This includes 65,664 common shares, 12,420 previously granted restricted shares, and the 3,883 restricted shares reported in this insider transaction.

Is Bari A. Harlam’s Eastern Bankshares (EBC) transaction a market purchase or a compensation grant?

The transaction is a compensation-related grant, not a market purchase. The Form 4 describes it as a grant or award acquisition of 3,883 restricted shares under the 2021 Equity Incentive Plan, with a reported price per share of $0.0000.

What other restricted stock awards does Bari A. Harlam hold in Eastern Bankshares (EBC)?

In addition to the 3,883 new restricted shares, Bari A. Harlam holds 12,420 restricted shares from a prior grant dated November 30, 2021. Those earlier restricted shares vest ratably over a five-year period on each anniversary of that grant date.

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

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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^*

Harlam Bari A

(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	81,967(2)	D

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) 65,664 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)