Insider Sale by Westermann Donald Michael (Chief Information Officer)
Trade Summary
2 days ago, Westermann Donald Michael, serving as Chief Information Officer at Eastern Bankshares, Inc. (EBC), sold 33,412 shares at $21.54 per share, for a total transaction value of $719,557.54.
This sale represents a 100.00% decrease in Westermann Donald Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, September 1, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, September 2, 2026 at 4:15 PM ET, 1 day after the trade was made.
Eastern Bankshares, Inc. operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$21.54
Quantity
33,412
Total Value
$719,557.54
Shares Owned
0
Trade Date
2 days ago
SEC Filing Date
at 4:15 PM ET
Filed 1 day after trade
Discussion