Eastern Bankshares (EBC) EVP Steven Antonakes Sells 13,500 Shares

What Happened

• Steven Louis Antonakes, Executive Vice President of Eastern Bankshares (EBC), disposed of 13,500 shares on September 1, 2026. The filing reports an average sale price of $21.95 per share (actual prices ranged $21.95–$21.96), for total proceeds of approximately $296,325. This was a sale (not a purchase), which is often routine insider selling rather than a bullish signal.

Key Details

• Transaction date: 2026-09-01; Filing date (Form 4): 2026-09-02 (appears timely).
• Transaction type/code: Sale (S) — listed as "open market or private sale."
• Price: Average $21.95; range $21.95–$21.96 (Footnote F1).
• Shares sold: 13,500; Proceeds: ~$296,325.
• Shares owned after transaction: Not specified in the provided excerpt; Footnote F2 states reported ownership figures include shares from automatic dividend reinvestment.
• Footnotes: F1 clarifies price range and that detailed per-price counts are available on request; F2 clarifies how beneficial ownership is calculated.

Context

• This report documents a straightforward share sale by an executive. Sales do not by themselves indicate management sentiment; purchases tend to be more informative about bullish outlooks. No option exercises, gifts, or tax-withholding transactions are indicated in the provided filing excerpt.