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