Eastern Bankshares (EBC) director reports 10,000-share sale
Rhea-AI Filing Summary
Eastern Bankshares, Inc. (EBC) director Joseph F. Casey reported selling 10,000 shares of common stock on August 19, 2026 at $23.62 per share, executed from an indirectly held account described as a Traditional IRA. The sale was made pursuant to a Rule 10b5-1 trading plan. Following this transaction, he reported indirect ownership of 92,079 shares in the Traditional IRA, 227,234 shares held by a trust, 2,282 shares in a Roth IRA, and direct ownership of 3,883 shares of Eastern Bankshares common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
4 txns
Insider
CASEY JOSEPH F
Role
Director
Sold
10,000 shs ($236K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $23.62 | $236K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 92,079 shares (Indirect, Traditional IRA);
Common Stock — 3,883 shares (Direct);
Common Stock — 227,234 shares (Indirect, By Trust);
Common Stock — 2,282 shares (Indirect, Roth IRA)
Footnotes (1)
- F1. Sale of shares executed on August 19, 2026 pursuant to Reporting Person's 10b5-1 plan.
Key Figures
Shares sold: 10,000 shares of Common Stock
Sale price per share: $23.62 per share
Traditional IRA holdings after transaction: 92,079 shares
+4 more
7 metrics
Shares sold
10,000 shares of Common Stock
Sale on August 19, 2026 by Joseph F. Casey from Traditional IRA
Sale price per share
$23.62 per share
Price for 10,000-share sale on August 19, 2026
Traditional IRA holdings after transaction
92,079 shares
Indirect ownership in Traditional IRA after August 19, 2026 sale
Trust holdings
227,234 shares
Indirect ownership "By Trust" as of August 19, 2026
Roth IRA holdings
2,282 shares
Indirect ownership in Roth IRA as of August 19, 2026
Direct holdings
3,883 shares
Direct ownership after transactions dated August 19, 2026
Net shares sold
10,000 shares
Net buy/sell shares per transaction summary (net-sell)
Key Terms
Rule 10b5-1 plan, Traditional IRA, Roth IRA, indirect ownership
4 terms
Rule 10b5-1 plan regulatory
"Sale of shares executed on August 19, 2026 pursuant to Reporting Person's 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Traditional IRA financial
"direct_or_indirect "I", nature_of_ownership "Traditional IRA""
Roth IRA financial
"direct_or_indirect "I", nature_of_ownership "Roth IRA""
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
indirect ownership financial
"ownership_type "indirect", nature_of_ownership "By Trust""
FAQ
What insider transaction did EBC director Joseph F. Casey report?
He reported a sale of 10,000 Eastern Bankshares (EBC) common shares on August 19, 2026 at $23.62 per share, from an indirectly owned Traditional IRA account, under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
