4Filed Aug 25, 8:00 PM ET
Eastern Bankshares (EBC) Director Casey Joseph F Sells 1,778 Shares
$EBC · Eastern Bankshares, Inc.Research Summary
AI-generated summary of this SEC filing
Eastern Bankshares (EBC) Director Casey Joseph F Sells 1,778 Shares
What Happened
Casey Joseph F, a director of Eastern Bankshares, Inc. (EBC), sold 1,778 shares on August 25, 2026 at $22.69 per share, generating proceeds of approximately $40,343. The filing reports this as a sale (code S) executed pursuant to the insider's pre-established 10b5-1 plan.
Key Details
- Transaction date and price: August 25, 2026 — 1,778 shares sold at $22.69 each.
- Total value: Approximately $40,343.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Sale executed under the reporting person’s 10b5-1 trading plan (per footnote F1).
- Filing date / timeliness: Form 4 filed Aug 26, 2026 for the Aug 25 transaction (filed promptly; Form 4s are typically due within two business days).
Context
Sales under 10b5-1 plans are pre-arranged and generally viewed as routine, not necessarily signaling a change in an insider’s view of company prospects. For retail investors, purchases are typically more informative than routine, pre-planned sales; this single sale should be treated as part of normal insider liquidity activity unless additional related filings or patterns emerge.