Bane Richard Corey 4
4 · Eastern Bankshares, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Eastern Bankshares (EBC) Director Richard Corey Receives Award
What Happened
Richard Corey, a director of Eastern Bankshares, was granted 3,883 restricted shares under the company's 2021 Equity Incentive Plan on May 18, 2026. The shares were reported as acquired at $0.00 (standard for restricted stock awards) on a Form 4 filed May 20, 2026.
Key Details
- Transaction date: 2026-05-18; filing date: 2026-05-20 (filed within the typical two-business-day window).
- Transaction type/code: Award/Grant (A); 3,883 shares acquired at $0.00.
- Shares owned after transaction: 202,498 total common shares (consists of 186,195 common shares + 12,420 remaining restricted shares from a 2021 grant + 3,883 newly granted restricted shares).
- Footnote: The 3,883 shares are restricted stock that vests in full on the grant anniversary, May 18, 2026.
Context
This was a compensation-related restricted stock grant to a director, not an open-market purchase or sale. Such awards are customary for executive/director compensation and only become transferable or saleable if/when they vest.
Insider Transaction Report
Form 4
Bane Richard Corey
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-18+3,883→ 202,498 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) 186,195 shares of common stock; (ii) 12,420 remaining shares of restricted stock that vest ratably over a five-year period on the anniversary of the November 30, 2021 date of grant; and (iii) 3,883 shares of restricted stock reported on this Form 4.
Signature
/s/ Laura Vaughn Burek|2026-05-20