Luis Borgen - 14 Mar 2022 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/ Astrid E.P. Tsang, by Power of Attorney
Issuer symbol
EBC
Transactions as of
14 Mar 2022
Net transactions value
-$939,517
Form type
4
Filing time
15 Mar 2022, 17:00:42 UTC
Previous filing
02 Dec 2021
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Sale $939,517 -46,270 -100% $20.31 0 14 Mar 2022 By IRA F2, F3
holding EBC Common Stock 115,826 14 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 53,730 shares of common stock and (ii) 62,096 shares of restricted stock.
F2 The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted February 10, 2022.
F3 Represents the average sale price. The actual sales prices range from $21.05 to $21.98 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.

Remarks:

The signatory is signing on behalf of Luis Borgen pursuant to a Power of Attorney dated September 8, 2020, which was previously filed with the Commission.