STOCK TITAN

FMR LLC discloses 6.3% position in Eastern Bankshares (EBC)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

EASTERN BANKSHARES INC ownership update: FMR LLC reports beneficial ownership of 14,817,499.91 shares of Common Stock, equal to 6.3% of the class as reported on the cover. The filing attributes voting and dispositive powers to FMR LLC and to Abigail P. Johnson as shown on the cover page.

Positive

  • None.

Negative

  • None.

Insights

Large passive holder reports a 6.3% stake in Eastern Bankshares.

FMR LLC discloses beneficial ownership of 14,817,499.91 shares, representing 6.3% of the common stock. The cover lists sole dispositive power and voting power figures attributable to FMR and shows Abigail P. Johnson with dispositive power.

These Schedule 13G/A updates are routine for large investment managers reporting under Section 13; the filing notes a related Exhibit for subsidiary classification and a Power of Attorney reference.

Filing clarifies control and signature authority rather than announcing transactions.

The schedule identifies FMR LLC as the filer and provides address and CUSIP 27627N105. It confirms that other persons known to the filer do not exceed 5% individually. Signatures reference a Power of Attorney effective April 13, 2026.

Impact is informational: the disclosure updates beneficial ownership and power attribution; cash‑flow treatment or intent to trade is not stated in the excerpt.

Beneficial ownership 14,817,499.91 shares Common Stock reported on cover
Percent of class 6.3% Percent of Common Stock beneficially owned
CUSIP 27627N105 Eastern Bankshares Inc Common Stock identifier
Power of Attorney effective date April 13, 2026 Referenced for signature authority
Beneficial ownership financial
"Amount beneficially owned: 14817499.91"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole dispositive power regulatory
"Sole Dispositive Power 14,817,499.91"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"Item 1. Name of issuer: EASTERN BANKSHARES INC"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
13d-1(k)(1) agreement regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."

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

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FAQ

What stake does FMR LLC report in Eastern Bankshares (EBC)?

FMR LLC reports beneficial ownership of 14,817,499.91 shares, equal to 6.3% of Eastern Bankshares' common stock. The filing lists voting and dispositive power figures on the cover page attributed to FMR and Abigail P. Johnson.

Who is reported as having dispositive power over the EBC shares?

FMR LLC is shown with sole dispositive power of 14,817,499.91 shares. The filing also attributes dispositive power to Abigail P. Johnson for the same share count on the cover page.

Does the filing indicate any individual shareholder over 5% other than FMR LLC?

The filing states that no other single person's interest in Eastern Bankshares common stock exceeds 5%. It notes that some other persons may have rights to proceeds or dividends, but none surpass the five percent threshold.

What documentation or exhibits accompany this Schedule 13G/A?

The filing references an attached Exhibit 99 for a 13d-1(k)(1) agreement and incorporates a Power of Attorney effective April 13, 2026, by reference to an earlier filing listed in the signature comments.





27627N105

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



FMR LLC
Signature:Richard Bourgelas
Name/Title:Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:05/05/2026
Abigail P. Johnson
Signature:Richard Bourgelas
Name/Title:Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Abigail P. Johnson*
Date:05/05/2026

Comments accompanying signature: *This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on April 29,2026, accession number: 0000315066-26-000738.
Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.