4Filed Aug 24, 8:00 PM ET

Eastern Bankshares (EBC) Director Joseph F. Casey Sells 10,000 Shares

$EBC · Eastern Bankshares, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Eastern Bankshares (EBC) Director Joseph F. Casey Sells 10,000 Shares

What Happened

  • Joseph F. Casey, a director of Eastern Bankshares (EBC), sold 10,000 shares on August 24, 2026 at $22.72 per share for a total of $227,200. The sale was executed pursuant to the reporting person's pre-established 10b5-1 trading plan.

Key Details

  • Transaction date: August 24, 2026; Filing date: August 25, 2026 (timely)
  • Sale type/code: Open-market sale (S)
  • Price per share: $22.72; Total proceeds: $227,200
  • Footnote: Sale executed under a 10b5-1 plan (prearranged trading program)
  • Shares owned after the transaction: Not specified in the provided filing excerpt
  • Filing appears timely (no late-filing flag in the provided data)

Context

  • Sales executed under 10b5-1 plans are pre-scheduled and common for insiders managing regular liquidity or diversification needs; they do not necessarily signal a change in view about the company. This transaction is a straightforward insider sale, not an option exercise, gift, or grant.