FMR LLC reports 6.3% stake in Eastern Bankshares
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.
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.
Key Figures
Key Terms
Beneficial ownership financial
Sole dispositive power regulatory
Schedule 13G/A regulatory
13d-1(k)(1) agreement regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What documentation or exhibits accompany this Schedule 13G/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.