Eastern Bankshares CFO Rosato R David exercised Options for 11,356 shares at $0 on Sep 3, 2026. For investors, the record shows 22,088 shares after the exercise, 18,734 after a separate forfeiture, and 11,358 derivative securities following the derivative exercise.
Key Highlights
- Rosato R David was shown with 22,088 Eastern Bankshares shares after the option exercise.
- A separate transaction forfeited 3,354 shares at $22.08 per share, leaving reported ownership at 18,734 shares.
- David owned 11,358 derivative securities after exercising 11,356 derivative securities.
Eastern Bankshares, Inc. (NASDAQ: EBC) CFO Rosato R David exercised options for 11,356 shares at $0 on Sep 3, 2026. The transaction involved 11,356 derivative securities, and SEC transaction code M identified the exercise.
Holdings and Forfeiture Records
Following the option exercise, David’s reported Eastern Bankshares share ownership stood at 22,088 shares. A separate transaction on the same date recorded the forfeiture of 3,354 shares at $22.08 per share, after which reported ownership was 18,734 shares. The forfeiture carried SEC transaction code F. The derivative-security record showed 11,358 derivative securities after the exercise.
FAQs
Q: What did Eastern Bankshares CFO Rosato R David exercise?
A: Rosato R David exercised options for 11,356 Eastern Bankshares shares at $0 on Sep 3, 2026. SEC transaction code M identified the exercise.
Q: How many Eastern Bankshares shares did Rosato R David own after the transactions?
A: Reported ownership was 22,088 shares after the exercise. After a separate forfeiture of 3,354 shares at $22.08 per share, ownership was 18,734 shares.
Q: What happened to Rosato R David’s derivative securities?
A: The filing recorded an exercise of 11,356 derivative securities by David. Following that transaction, the filing reported that he owned 11,358 derivative securities.
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