Rosato R David 4

What Happened David R. Rosato, Chief Financial Officer of Eastern Bankshares, bought a total of 10,000 shares of EBC in two open-market purchases on March 5 and March 6, 2026. He purchased 5,000 shares on Mar 5 at $19.17 each ($95,850) and another 5,000 shares on Mar 6 at $18.45 each ($92,250), for a combined outlay of $188,100. These were purchases (transaction code P), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-03-05: 5,000 shares @ $19.17 = $95,850 (open-market/private purchase, code P)
  • 2026-03-06: 5,000 shares @ $18.45 = $92,250 (open-market/private purchase, code P)
• Total purchased: 10,000 shares for $188,100.
• Filing date: Form 4 filed 2026-03-09 covering the Mar 5 and Mar 6 trades — appears timely under Form 4 rules.
• Shares owned after transaction: Not specified in the details provided from the filing.
• Notable footnotes: None disclosed in the supplied transaction summary (no 10b5-1 plan, tax withholding, or other special notes noted).

Context These were straightforward open-market purchases by the company's CFO and do not by themselves explain motivation. Purchases by executives are often watched by investors as a potential positive sign, but they should be considered alongside other company and market information.