EBC - Eastern Bankshares, Inc.

Insider Purchase by Rosato R David (CFO)

6 Months
After Trade
Before Trade

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Trade Summary

3 months ago, Rosato R David, serving as CFO at Eastern Bankshares, Inc. (EBC), purchased 20,000 shares at $16.98 per share, for a total transaction value of $339,600.00. Following this transaction, Rosato R David now holds 48,022 shares of EBC.

This purchase represents a 71.00% increase in Rosato R David's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, October 28, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, October 29, 2025, 1 day after the trade was made.

Eastern Bankshares, Inc. operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Rosato R David

CFO

David Rosato (age 64) is the Chief Financial Officer and Treasurer of Eastern Bankshares, Inc. (EBC) and Chief Financial Officer of Eastern Bank, having joined on August 1, 2024.[[1]](https://fintool.com/app/research/companies/EBC/people/david-rosato)[[2]](https://www.easternbank.com/about-us/executive-leadership/david-rosato)[[3]](https://investor.easternbank.com/governance/leadership-team/default.aspx) With over 35-40 years of experience in regional and community banking, he previously served as Senior EVP and CFO at Berkshire Hills Bancorp/Berkshire Bank (2023-2024) and spent 15+ years at People’s United Financial, Inc., including 9 years as CFO during which assets grew from ~$14 billion to ~$65 billion prior to its sale to M&T Bank.[[1]](https://fintool.com/app/research/companies/EBC/people/david-rosato)[[2]](https://www.easternbank.com/about-us/executive-leadership/david-rosato)[[3]](https://investor.easternbank.com/governance/leadership-team/default.aspx) Earlier roles include SVP & Treasurer at Webster Financial Corporation and SVP, Asset/Liability Manager at M&T Bank Corporation, providing deep expertise in ALM, M&A, and integration.[[1]](https://fintool.com/app/research/companies/EBC/people/david-rosato)[[2]](https://www.easternbank.com/about-us/executive-leadership/david-rosato) Rosato holds a BS in Business & Economics and an MBA from the University of Maryland, and is a Chartered Financial Analyst (CFA).[[1]](https://fintool.com/app/research/companies/EBC/people/david-rosato)[[2]](https://www.easternbank.com/about-us/executive-leadership/david-rosato)[[3]](https://investor.easternbank.com/governance/leadership-team/default.aspx) He currently serves on the NASDAQ Exchange Board (Regulatory Oversight Committee) and the board of Returned.com, and was formerly a board member of the Federal Home Loan Bank of Boston, chairing its Finance Committee.[[1]](https://fintool.com/app/research/companies/EBC/people/david-rosato)[[2]](https://www.easternbank.com/about-us/executive-leadership/david-rosato) As a corporate insider, he owns approximately 48,022 shares of EBC stock.[[4]](https://www.gurufocus.com/insider/226365/r-david-rosato)

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Trade Price

$16.98

Quantity

20,000

Total Value

$339,600.00

Shares Owned

48,022

Trade Date

Tuesday, October 28, 2025

117 days ago

SEC Filing Date

Wednesday, October 29, 2025

Filed 1 day after trade

FINANCIAL SERVICESBANKS - REGIONAL

About Eastern Bankshares, Inc.

Company Overview

No company information available
View news mentioning EBC

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