Palandjian Leon Aghababai 4
4 · Eastern Bankshares, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Eastern Bankshares (EBC) Director Palandjian Receives Award
What Happened
Palandjian Leon Aghababai (Director) was granted 3,883 restricted shares of Eastern Bankshares, Inc. on May 18, 2026. The shares were reported as acquired at $0.00 (a compensation award), so there was no cash exchanged. The award is scheduled to vest in full on the one-year anniversary of the grant (May 18, 2026).
Key Details
- Transaction date: 2026-05-18; reported on Form 4 filed 2026-05-20 (within the typical two-business-day reporting window).
- Transaction type/code: Award/Grant (A); price reported $0.00.
- Shares granted: 3,883 restricted shares.
- Shares owned after transaction: 95,678 common shares + 3,883 restricted shares = 99,561 total (per footnote).
- Footnotes: F1 — restricted stock granted under the Issuer’s 2021 Equity Incentive Plan; vests in full on 05/18/2026. F2 — ownership detail showing the split between common and restricted shares.
Context
This was a compensation grant (restricted stock), not an open-market purchase or sale, so it reflects routine equity compensation rather than an immediate trading signal. Restricted shares typically vest over time and may be subject to transfer restrictions until vested.
Insider Transaction Report
Form 4
Palandjian Leon Aghababai
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-18+3,883→ 99,561 total
Footnotes (2)
- [F1]These shares represent restricted stock that was granted under the Issuer's 2021 Equity Incentive Plan pursuant to the terms of such plan. This restricted stock is scheduled to vest in full on the anniversary of the grant date of May 18, 2026.
- [F2]Consists of (i) 95,678 shares of common stock; and (ii) 3,883 shares of restricted stock reported on this Form 4.
Signature
/s/ Laura Vaughn Burek|2026-05-20