Rosato R David 4

What Happened R. David Rosato, CFO of Eastern Bankshares, was granted 11,156 restricted stock units (RSUs) on March 2, 2026. The award is recorded as a derivative acquisition at $0.00 per unit (code A) — i.e., no cash purchase. These RSUs convert one-for-one into shares of EBC common stock and will vest in three equal annual installments beginning March 2, 2027, subject to continued service.

Key Details

• Transaction date: March 2, 2026; filing date: March 3, 2026 (timely).
• Grant: 11,156 RSUs at $0.00 (derivative award).
• Vesting: Three equal annual installments starting March 2, 2027; vested shares issued as soon as practicable after each vesting date.
• Shares owned after transaction: not specified in the filing.
• Notable footnotes: F1–F2 confirm RSUs convert 1:1 into common shares; F5 describes the March 2, 2026 grant and vesting schedule. Prior related grants: 34,070 RSUs (granted 9/3/2024) and 12,408 RSUs (granted 3/3/2025) with their own multi-year vesting schedules.

Context This was a compensatory equity grant, not an open-market purchase or sale. RSU grants are common for executive compensation and serve as future share awards contingent on continued service — they do not represent immediate stock purchases or sales. For retail investors, purchases can be a stronger signal of personal conviction; awards primarily reflect compensation and retention.