Eastern Bankshares director sells $87K in stock

A director of Eastern Bankshares, Inc. reported a small open-market sale and continues to hold a sizable direct stake.

Rhea-AI Filing Summary

Eastern Bankshares, Inc. (EBC) director Richard Corey Bane reported selling 4,000 shares of common stock in an open market or private transaction on September 14, 2026 at $21.78 per share. Following this sale, he directly holds 198,498 shares of Eastern Bankshares common stock. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Seller: 4,000 shares

Net Sell 1 txn

Insider Bane Richard Corey

Role Director

Sold 4,000 shs ($87K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,000	$21.78	$87K

Holdings After Transaction: Common Stock — 198,498 shares (Direct)

Key Figures

Shares sold: 4,000 shares Sale price per share: $21.78 per share Approximate transaction value: $87,120 +1 more

4 metrics

Shares sold 4,000 shares Common stock sold by director on September 14, 2026

Sale price per share $21.78 per share Price for the 4,000-share sale on September 14, 2026

Approximate transaction value $87,120 4,000 shares sold at $21.78 per share

Shares held after transaction 198,498 shares Director’s direct ownership of Eastern Bankshares common stock after the sale

Key Terms

open market or private transaction, Rule 10b5-1 trading plan, direct ownership

3 terms

open market or private transaction financial

"described as a sale in an open market or private transaction"

Rule 10b5-1 trading plan regulatory

"indicates whether trades were made under a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

direct ownership financial

"discloses that the remaining shares are held as direct ownership"

FAQ

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

What insider transaction did EBC report for director Richard Corey Bane?

Eastern Bankshares, Inc. reported that director Richard Corey Bane sold 4,000 shares of common stock on September 14, 2026 in an open market or private transaction at $21.78 per share. After the sale, he continues to hold a significant direct ownership position.

How many EBC shares did the director sell and at what price?

Richard Corey Bane sold 4,000 shares of Eastern Bankshares common stock at $21.78 per share on September 14, 2026. The reported sale amount implies total proceeds of approximately $87,120 for this transaction.

How many EBC shares does the director hold after this sale?

After the reported transaction, director Richard Corey Bane directly holds 198,498 shares of Eastern Bankshares common stock. This post-transaction balance is disclosed as his direct ownership position following the September 14, 2026 sale.

Was the EBC insider sale made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 trading plan box is not checked, so no Rule 10b5-1 plan is reported in connection with this September 14, 2026 sale by director Richard Corey Bane.

What is the nature of the EBC insider’s ownership after the transaction?

The filing shows that after the September 14, 2026 sale, Richard Corey Bane’s 198,498 shares of Eastern Bankshares common stock are held as direct ownership, rather than through an indirect entity or trust.

What type of transaction was reported in the EBC Form 4 filing?

The Form 4 describes the September 14, 2026 event as a sale of common stock in an open market or private transaction. It involves non-derivative common shares and does not report any associated derivative exercises or gifts.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/15/2026 - 04:15 PM Accepted by SEC EDGAR 09/15/2026 - 04:15 PM Learn about SEC filing dates

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^*

Bane Richard Corey

(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)
09/14/2026

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	09/14/2026		S		4,000	D	$21.78	198,498	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:

	/s/ Laura Vaughn Burek, by Power of Attorney	09/15/2026
	** 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)