Quincy Lee Miller - 01 Mar 2026 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
President
Signature
/s/ Kathleen R. Henry, by Power of Attorney
Issuer symbol
EBC
Transactions as of
01 Mar 2026
Net transactions value
-$309,635
Form type
4
Filing time
03 Mar 2026, 17:55:28 UTC
Previous filing
29 Aug 2025
Next filing
05 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Miller Quincy Lee President 125 HIGH STREET, BOSTON /s/ Kathleen R. Henry, by Power of Attorney 03 Mar 2026 0001825603

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Options Exercise $0 +25,069 +57% $0.000000 68,698 01 Mar 2026 Direct F1
transaction EBC Common Stock Tax liability $218,172 -11,154 -16% $19.56 57,544 01 Mar 2026 Direct
transaction EBC Common Stock Award $0 -10,542 -13% $0.000000 68,086 01 Mar 2026 Direct F9
transaction EBC Common Stock Tax liability $91,463 -4,676 -6.9% $19.56 63,410 01 Mar 2026 Direct
holding EBC Common Stock 13,900 01 Mar 2026 By 401(k)
holding EBC Common Stock 83,240 01 Mar 2026 By IRA
holding EBC Common Stock 1,280 01 Mar 2026 By Spouse in IRA
holding EBC Common Stock 4,921 01 Mar 2026 By ESOP F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EBC Restricted Stock Units Options Exercise $0 -14,232 -50% $0.000000 14,232 01 Mar 2026 Common stock 14,232 Direct F1, F4
transaction EBC Restricted Stock Units Options Exercise $0 -3,775 -100% $0.000000 0 01 Mar 2026 Common stock 3,775 Direct F1, F5
transaction EBC Restricted Stock Units Options Exercise $0 -7,062 -50% $0.000000 7,063 01 Mar 2026 Common stock 7,062 Direct F1, F6
transaction EBC Restricted Stock Units Award $0 +15,162 $0.000000 15,162 02 Mar 2026 Common stock 15,162 Direct F3, F8
holding EBC Restricted Stock Units 16,864 01 Mar 2026 Common stock 16,864 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
F3 Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.
F4 On March 1, 2022, the reporting person was granted 71,157 restricted stock units that vest in five equal annual installments beginning March 1, 2023, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F5 On March 1, 2023, the reporting person was granted 11,324 restricted stock units that vest in three equal annual installments beginning March 1, 2024, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F6 On March 1, 2024, the reporting person was granted 21,186 restricted stock units that vest in three equal annual installments beginning March 1, 2025, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F7 On March 3, 2025, the reporting person was granted 16,864 restricted stock units that vest in three equal annual installments beginning March 3, 2026, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F8 On March 2, 2026, the reporting person was granted 15,162 restricted stock units that vest in three equal annual installments beginning March 2, 2027, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F9 Represents shares of Eastern Bankshares, Inc. (the "Company") common stock, par value $0.01 per share ("Common Stock") received upon vesting of a performance restricted stock unit ("PRSU") award eligible to vest based upon the Company's performance on total shareholder return ("TSR") measured at the end of the three-year performance period of January 1, 2023 through December 31, 2025 (the "Performance Period") relative to TSR performance over that performance period of the banks listed on the KBW Nasdaq Regional Banking Index (the "TSR Measure"). The Compensation and Human Capital Management Committee determined that the Company's performance of the TSR Measure resulted in a payout of 93.1% of target.