Monitor whether the sale actually executes — if it does, check for volume and next insider filing. A director selling 0.0015% of market cap is routine and below the threshold for concern. No immediate trade signal.
Price Chart
Executive Summary
Luis Borgen, a director of Eastern Bankshares, Inc. (EBC), filed a Form 144 notice of intent to sell 3,419 shares of common stock, valued at approximately $75,526 based on a price of ~$22.10 per share. This appears to be a routine sale of restricted stock awards that vested on 11/30/2025. The sale is small relative to the company's $5.2B market cap and the director's likely total holdings.
Key Facts
- Filer: Luis Borgen, a director of Eastern Bankshares, Inc.
- Securities to be sold: 3,419 shares of common stock
- Estimated value: ~$75,526 (at ~$22.10/share derived from aggregate market value)
- Shares acquired on 11/30/2025 via restricted stock award from the issuer
- Selling broker: Morgan Stanley Executive Financial Services
- Form 144 filed 06/29/2026; trade date listed as 06/29/2026
- Issuer market cap: $5.2B — sale represents ~0.0015% of market cap
- No other Form 144 or recent insider selling context was provided beyond this single filing
Financial Impact
~$75,526 in planned share sales by a director, a de minimis amount relative to issuer market cap
Risk Factors
- Insider sale may signal personal portfolio rebalancing rather than company outlook
- Low confidence due to lack of detail on total holdings or prior sales history
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-006620 |
| Document: 0001950047-26-006620-index.html | 0001950047-26-006620 |
| Document: 0001950047-26-006620.txt | 0001950047-26-006620 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $22.40 | awaiting T+20 | — | $22.62 (+0.98%) |
Sep 22, 2026 4w ago | Institutional Cluster | $21.37 $21.47 | ▲ +0.47% | ▲ +1.03% | $22.62 (+5.85%) |
Sep 3, 2026 7w ago | Insider Cluster | $22.09 $21.24 | ▼ −3.85% | ▼ −4.70% | $22.62 (+2.40%) |
Sep 3, 2026 7w ago | Insider Cluster | $22.09 $21.24 | ▼ −3.85% | ▼ −4.70% | $22.62 (+2.40%) |
Sep 2, 2026 7w ago | Insider Cluster | $21.93 $21.47 | ▼ −2.13% | ▼ −1.92% | $22.62 (+3.14%) |
Aug 25, 2026 8w ago | 144 | $22.36 $21.14 | ▼ −5.46% | ▼ −6.43% | $22.62 (+1.16%) |
Aug 21, 2026 9w ago | 144 | $22.74 $21.48 | ▼ −5.54% | ▼ −5.01% | $22.62 (−0.53%) |
Aug 20, 2026 9w ago | 144 | $22.74 $21.60 | ▼ −5.01% | ▼ −5.01% | $22.62 (−0.53%) |
Aug 19, 2026 9w ago | 144 | $23.01 $21.55 | ▼ −6.35% | ▼ −4.39% | $22.62 (−1.69%) |
Jun 29, 2026 17w ago | 144 | $22.24 $23.10 | ▲ +3.87% | ▲ +4.90% | $22.62 (+1.71%) |
US Market Status
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