Jackson Deborah C 4
Research Summary
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Eastern Bankshares (EBC) Director Deborah Jackson Receives Award
What Happened
Deborah C. Jackson, a director of Eastern Bankshares, Inc. (EBC), was granted 3,883 restricted shares on May 18, 2026. The grant was reported as an acquisition at $0.00 per share (no cash paid). The restricted stock is scheduled to vest in full on the one-year anniversary of the grant (May 18, 2026).
Key Details
- Transaction date: 2026-05-18; filing date: 2026-05-20 (filed within the Form 4 reporting window).
- Grant: 3,883 restricted shares reported at $0.00 per share.
- Shares owned after transaction: 75,339 total shares (consists of 59,036 common shares; 12,420 remaining restricted shares vesting ratably over five years from Nov 30, 2021; plus the 3,883 newly granted restricted shares).
- Footnotes: The 3,883 shares are restricted stock under the Issuer’s 2021 Equity Incentive Plan and vest in full on May 18, 2026. The 12,420 restricted shares referenced vest ratably over a five-year schedule from Nov 30, 2021.
Context
This was a compensation award (restricted stock), not an open-market purchase or sale. Restricted grants are common for directors and generally vest over time; they do not by themselves indicate an immediate buy or sell signal. The filing appears timely under SEC Form 4 rules.