Borgen Luis 4

What Happened
Luis Borgen, a director of Eastern Bankshares, sold 1,710 shares of the company's common stock in an open-market transaction on July 6, 2026. The shares were disposed for a total of $38,834, at an average price of $22.71 per share (actual trade prices ranged from $22.56 to $22.84). This was a sale (not a purchase), which is commonly routine insider selling.

Key Details

• Transaction date: July 6, 2026; filing date: July 7, 2026 (appears timely).
• Transaction type/code: Sale (S). Executed pursuant to a pre-established 10b5-1 plan (footnote F1).
• Price: Average $22.71; actual prices ranged $22.56–$22.84 (footnote F2).
• Shares sold: 1,710; proceeds: ~$38,834.
• Shares owned after the transaction: 20,475 total beneficially owned consisting of 4,172 common shares, 12,420 restricted shares vesting ratably through 5 years from Nov 30, 2021, and 3,883 restricted shares vesting on the May 18, 2026 grant anniversary (footnote F3).
• Additional note: Reporting person can supply exact share counts per price on request (per filing).

Context

• The sale was executed under a 10b5-1 trading plan, which typically allows insiders to sell according to a pre-set schedule and is often treated as routine rather than a direct signal of changed company outlook.
• No options were exercised and no gifts or tax-withholding events are involved in this filing.