Eastern Bankshares Chief Information Officer Sells 21,000 Shares for $427,000

Transaction worth based connected SEC Form 4 reported terms ($20.11); post-transaction worth based connected Jan. 28, 2026 marketplace adjacent worth ($415,739.80).

• How important is the size of this transaction comparative to Westermann's erstwhile trading activity?
  This is the lone open-market merchantability by Westermann connected record, representing a nett simplification of 21,256 shares oregon 30.88% of his full ownership, with nary anterior merchantability transactions for nonstop comparison.

• Did the merchantability impact some nonstop and indirect holdings?
  No, the transaction progressive lone straight held shares; his indirect holdings—totaling 26,713 shares—remain unchanged.

• How does the execution terms comparison to caller marketplace levels?
  The weighted-average merchantability terms was astir $20.11 per share, successful enactment with the Jan. 28, 2026 marketplace adjacent of $19.93 and modestly beneath the existent terms of $20.49 arsenic of Feb. 2, 2026.

* 1-year terms alteration calculated utilizing Jan. 28, 2026 arsenic the notation date.

• Offers a afloat suite of retail and commercialized banking products, including deposit accounts, commercialized and user loans, wealthiness management, and security services.

• Offers lending activities that make nett involvement income and provides insurance, wealthiness management, and transaction services that lend to fee-based income.

• Serves retail, tiny business, commercial, and organization clients, with a geographic absorption connected eastbound Massachusetts and confederate New Hampshire.

Eastern Bankshares, Inc. is simply a starring determination slope holding institution with a diversified gross basal and a beardown beingness successful the New England market. The institution leverages its wide merchandise portfolio and heavy assemblage relationships to thrust maturation and support a unchangeable deposit base. Its dual absorption connected accepted banking and fee-based services provides resilience and competitory differentiation wrong the determination banking sector.

First, it’s important to enactment that insiders whitethorn merchantability shares of their institution for immoderate fig of reasons, including liquidity and taxation purposes, truthful investors shouldn’t effort to divine excessively overmuch accusation from 1 transaction. Westermann’s merchantability connected Jan. 28 came connected the heels of the determination bank’s fourth-quarter and full-year 2025 net announcement connected Jan. 22. It reported a 62% summation successful operating nett income twelvemonth implicit twelvemonth and “record levels of Wealth assets nether management,” according to CEO Denis Sheahan.