Eastern Bankshares (EBC) Director Joseph F. Casey Sells Shares

What Happened

• Joseph F. Casey, a director of Eastern Bankshares, Inc. (EBC), sold 10,000 shares on August 21, 2026. The shares were disposed at $22.96 per share for a total proceeds of $229,600. This was a sale (not a purchase), typically considered routine insider selling.

Key Details

• Transaction date and price: August 21, 2026 — 10,000 shares at $22.96 each.
• Total value: $229,600.
• Transaction type: Reported as an open-market or private sale (code S).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote: Sale executed pursuant to the reporting person's pre-arranged 10b5‑1 trading plan (per footnote F1).
• Filing: Form 4 filed on August 24, 2026; no late‑filing flag was indicated in the information provided.

Context

• The sale was made under a 10b5‑1 plan, which is a pre-arranged trading program that allows insiders to sell shares on a set schedule and is intended to reduce concerns about trading on inside information. Such planned sales are common and do not necessarily signal a change in the insider’s view of the company.