Welcome to our dedicated page for Eastern Bankshares SEC filings (Ticker: EBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Eastern Bankshares, Inc. filings document the company’s role as the Massachusetts stock holding company for Eastern Bank and its Nasdaq-listed common stock. Regular 8-K disclosures cover quarterly operating results, Regulation FD materials, cash dividends, share repurchase authorization, and other material events tied to the bank’s capital structure and financial condition.
The filing record also includes proxy materials for governance and shareholder matters, along with acquisition-related 8-K and 8-K/A filings for the completed HarborOne transaction. Those records include completion disclosures, merger consideration corrections, historical financial statements and pro forma financial information for the acquired business.
Eastern Bankshares, Inc. is asking shareholders to vote at its virtual 2026 annual meeting on May 18, 2026. Key items include electing six directors for one-year terms, an advisory vote on executive pay, and ratifying Ernst & Young LLP as independent auditor.
The proxy highlights growth since the 2020 IPO, with total assets reaching $30.6 billion, loans $23.6 billion and deposits $25.5 billion as of December 31, 2025. 2025 results include GAAP EPS of $0.43, operating EPS of $1.56, operating net income of $318.0 million, net interest income of $828.6 million, net interest margin of 3.51%, an operating efficiency ratio of 51.7% and operating ROATCE of 12.71%.
The board has 17 members, a majority of whom are independent, and is transitioning from a classified structure to annual director elections starting in 2027. Executive pay combines salary, annual cash incentives tied mainly to operating net income, and performance-based equity awards measured over three years.
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.
Eastern Bankshares, Inc. Chief Executive Officer Denis K. Sheahan exercised 34,065 restricted stock units on March 3, 2026, converting them into 34,065 shares of common stock at a stated price of $0.00 per share. To cover associated tax obligations, 15,184 common shares were disposed of at $19.45 per share through share withholding. Following these transactions, Sheahan continued to hold common stock directly and indirectly, including 18,881 shares held directly and additional shares held through a revocable trust, an IRA, and an ESOP. Footnotes explain that the RSUs generally convert into common stock on a one-for-one basis and that a prior Form 4 had inadvertently overstated derivative holdings by 8,606 units, which is corrected in the current totals.
Eastern Bankshares, Inc. Executive Chair Robert Francis Rivers exercised 11,223 restricted stock units into common stock on March 3, 2026, at a conversion price of $0 per share; the units convert into common stock on a one-for-one basis.
To satisfy tax obligations, 5,427 common shares were withheld at $19.45 per share. After these transactions, he directly holds 458,282 shares of common stock and 92,632 restricted stock units, plus 4,921 shares held indirectly through an ESOP, with holdings including shares acquired via automatic dividend reinvestment.
Eastern Bankshares Executive VP Steven Louis Antonakes reported equity award activity in Eastern Bankshares, Inc. He exercised 1,654 restricted stock units into an equal number of common shares at $0.00 per share and had 486 common shares withheld at $19.45 per share to cover tax obligations. Following these transactions, he directly holds 75,290 common shares and 31,509 restricted stock units, with additional indirect common share holdings through a 401(k) plan and an ESOP.
Eastern Bankshares, Inc. Chief Financial Officer R. David Rosato exercised 4,135 restricted stock units into 4,135 shares of common stock on March 3, 2026. To cover tax obligations, 1,425 common shares were disposed of at $19.45 per share. After these transactions, he directly held 10,732 common shares, plus reported holdings of 22,714 and 11,156 restricted stock units and an additional 40,000 common shares held indirectly "By Spouse in Trust."
Eastern Bankshares, Inc. Chief Information Officer Donald Michael Westermann exercised 2,165 restricted stock units into the same number of shares of common stock on March 3, 2026, at a stated price of $0.0000 per share. To cover tax obligations related to this award, 961 shares of common stock were disposed of at $19.4500 per share as a tax-withholding transaction.
After these transactions, he held 32,972 shares of common stock directly as of the report date, along with indirect holdings of 22,682 shares by a 401(k) and 4,921 shares by an ESOP. He also held restricted stock units that convert into common stock on a one-for-one basis, including awards originally granted on March 1, 2022, March 1, 2024, March 3, 2025, and March 2, 2026, each vesting in scheduled installments subject to continued service.
Eastern Bankshares, Inc. Executive VP and General Counsel Kathleen Cloherty exercised 2,165 restricted stock units into 2,165 shares of common stock at $0.0000 per share on March 3, 2026. These restricted stock units convert into common stock on a one-for-one basis.
To cover tax obligations related to this conversion, 961 common shares were disposed of at $19.4500 per share through a tax-withholding transaction. After these transactions, she directly held 57,146 common shares and 32,532 restricted stock units, with additional indirect holdings of common stock through a 401(k) plan and an ESOP as of the report date.
The report also states that an immediately preceding Form 4 understated her beneficially owned common shares by 16,961 shares due to a clerical error that omitted directly held shares acquired on March 1, 2026. The amounts shown now correct that inadvertent exclusion.
Eastern Bankshares, Inc. President Quincy Lee exercised 5,621 restricted stock units into common stock on March 3, 2026, converting them one-for-one into shares at $0.00 per share. To cover tax obligations, 2,493 common shares were disposed of at $19.45 per share through share withholding. Following these transactions, Lee directly held 66,538 common shares, plus additional common stock and restricted stock units through direct and indirect holdings, including 401(k), IRA, spouse IRA, and ESOP accounts.
Eastern Bankshares, Inc. senior vice president and chief accounting officer David Andrew Ahlquist reported equity awards activity. Restricted stock units converted into 1,634 shares of common stock, matching the one-for-one RSU-to-share ratio, and 567 common shares were withheld at $19.45 per share to cover tax obligations. After these transactions, he held 12,972 shares of common stock directly, plus additional indirect holdings through a 401(k) plan and an ESOP, along with multiple blocks of unvested restricted stock units scheduled to vest in three equal annual installments, subject to continued service.