Trade Summary
4 months ago, Rivers Robert Francis, serving as Exec Chair at Eastern Bankshares, Inc. (EBC), purchased 44,642 shares at $16.71 per share, for a total transaction value of $745,968.00. Following this transaction, Rivers Robert Francis now holds 357,250 shares of EBC.
This purchase represents a 14.00% increase in Rivers Robert Francis's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, August 25, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, August 26, 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.