0000950170-24-025924.txt : 20240305
0000950170-24-025924.hdr.sgml : 20240305
20240305161433
ACCESSION NUMBER: 0000950170-24-025924
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240305
DATE AS OF CHANGE: 20240305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Westermann Donald Michael
CENTRAL INDEX KEY: 0001825585
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39610
FILM NUMBER: 24720543
MAIL ADDRESS:
STREET 1: 5 COTTAGE COURT
CITY: NEWBURYPORT
STATE: MA
ZIP: 01950
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Eastern Bankshares, Inc.
CENTRAL INDEX KEY: 0001810546
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 000000000
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 265 FRANKLIN STREET
CITY: BOSTON
STATE: MA
ZIP: 02110
BUSINESS PHONE: 617-897-1100
MAIL ADDRESS:
STREET 1: 265 FRANKLIN STREET
CITY: BOSTON
STATE: MA
ZIP: 02110
4
1
ownership.xml
4
X0508
4
2024-03-01
0001810546
Eastern Bankshares, Inc.
EBC
0001825585
Westermann Donald Michael
265 FRANKLIN STREET
BOSTON
MA
02110
false
true
false
false
Chief Information Officer
false
Common Stock
2024-03-01
4
M
false
11463
0.00
A
18037
D
Common Stock
2024-03-01
4
F
false
3557
12.81
D
14480
D
Common Stock
21360
I
By 401(k)
Common Stock
2793
I
By ESOP
Restricted Stock Units
2024-03-01
4
M
false
9487
0.00
D
Common Stock
9487
28464
D
Restricted Stock Units
2024-03-01
4
M
false
1976
0.00
D
Common Stock
1976
3954
D
Restricted Stock Units
2024-03-01
4
A
false
8683
0.00
A
Common Stock
8683
8683
D
Restricted stock units convert into common stock on a one-for-one basis
Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.
On March 1, 2022, the reporting person was granted 47,438 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.
On March 1, 2023, the reporting person was granted 5,930 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.
On March 1, 2024, the reporting person was granted 8,683 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.
/s/ Sara K. Rundell, by Power of Attorney
2024-03-05