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
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.