# EDGAR Filing Document

**Accession Number:** 0001810546
**File Stem:** 0000899243-23-006951
**Filing Date:** 2023-3
**Character Count:** 11303
**Document Hash:** d2c1adb4f4ddf27da6bfe09b5460ea7b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899243-23-006951.hdr.sgml**: 20230303

**ACCESSION NUMBER**: 0000899243-23-006951

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230301

**FILED AS OF DATE**: 20230303

**DATE AS OF CHANGE**: 20230303

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Fitzgerald James Burke
- **CENTRAL INDEX KEY:** 0001825656

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39610
- **FILM NUMBER:** 23703896

**MAIL ADDRESS:**
- **STREET 1:** 108 MOUNT VERNON STREET
- **STREET 2:** APARTMENT 6
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02108
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eastern Bankshares, Inc.
- **CENTRAL INDEX KEY:** 0001810546
- **STANDARD INDUSTRIAL CLASSIFICATION:** SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 265 FRANKLIN STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 617-897-1100

**MAIL ADDRESS:**
- **STREET 1:** 265 FRANKLIN STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Exhibit 24.1

```
<PRE>
Exhibit 24.1 Power of Attorney

                                POWER OF ATTORNEY

        The undersigned hereby constitutes and appoints each of Kathleen C.
Henry, Sara K. Rundell, Michael K. Krebs and Kathleen R. Henry, signing singly,
as the undersigned's true and lawful attorney-in-fact to:

        (1)     execute, for and on behalf of the undersigned, in the
                undersigned's capacity as a beneficial owner, joint actor, or
                similar capacity of securities which are registered under or
                subject to the laws, rules or regulations of any jurisdiction,
                any form, schedule, report or other similar document as may be
                required by such jurisdiction's laws, rules or regulations, and
                any amendments thereto, in accordance with such jurisdiction's
                laws, rules or regulations, including without limitation (a)
                Forms 3, 4 and 5 in accordance with Section 16(a) of the
                Securities Exchange Act of 1934 (the "Exchange Act") and the
                rules thereunder, (b) Schedule 13D or 13G in accordance with
                Section 13(d) of the Exchange Act and the rules thereunder, (c)
                Form 144 under the Securities Act of 1933, and (d) a Uniform
                Application for Access Codes to File on EDGAR on Form ID;

        (2)     do and perform any and all acts for and on behalf of the
                undersigned which may be necessary or desirable to complete and
                execute any such form, schedule, report or other similar
                document, and timely file such form, schedule, report or other
                similar document, including one or more amendments thereto,
                with the United States Securities and Exchange Commission or
                any other appropriate governmental authority or regulatory body
                of the relevant jurisdiction and any stock exchange or similar
                authority; and

        (3)     take any other action of any type whatsoever in connection with
                the foregoing which, in the opinion of such attorney-in-fact,
                may be of benefit to, in the best interest of, or legally
                required by, the undersigned, it being understood that the
                documents executed by such attorney-in-fact on behalf of the
                undersigned pursuant to this Power of Attorney shall be in such
                form and shall contain such terms and conditions as such
                attorney-in-fact may approve in such attorney-in-fact's
                discretion.

                The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the exercise of any of
the rights and powers herein granted, as fully to all intents and purposes as
the undersigned might or could do if personally present, with full power of
substitution or revocation. The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming any of the undersigned's responsibilities to
comply with the securities laws, rules or regulations of any particular
jurisdiction.

                This Power of Attorney revokes any previous powers of Attorney
for the subject matter described above. This Power of Attorney shall remain in
full force and effect until the undersigned is no longer required to file
forms, schedules, or similar documents with respect to the undersigned's
holdings of and transactions in securities which are registered under the laws,
rules or regulations of any jurisdiction, unless earlier revoked by the
undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

        IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of the date below.

                        Signature:   /s/ James B. Fitzgerald
                                     -----------------------
                        Name:        James B. Fitzgerald

                        Date:        2/14/2023
</PRE>
```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Fitzgerald James Burke<br><sub>(Last) (First) (Middle)</sub><br>265 FRANKLIN STREET<br><sub>(Street)</sub><br>BOSTON, MA 02110<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Financial Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Eastern Bankshares, Inc. [ EBC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-01 |  | M |  | 14231 | A | 0.00<sup>(1)</sup> | 146462 | D |  |
| Common Stock | 2023-03-01 |  | F |  | 4185 | D | $15.63 | 142277 | D<sup>(2)</sup> |  |
| Common Stock |  |  |  |  |  |  |  | 18409 | I<sup>(3)</sup> | By 401(k) |
| Common Stock |  |  |  |  |  |  |  | 1845 | I<sup>(3)</sup> | By ESOP |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(1)</sup> | 2023-03-01 |  | M |  |  | 14231 | <sup>(5)</sup> | <sup>(5)</sup> | Common Stock | 14231 | $0.00 | 56926 | D |  |
| Restricted Stock Units | <sup>(4)</sup> | 2023-03-01 |  | A |  | 11324 |  | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 11324 | $0.00 | 11324 | D |  |

---

### Footnotes:

(1) Restricted stock units convert into common stock on a one-for-one basis.

(2) Includes 132,231 shares held in joint tenancy with spouse.

(3) Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.

(4) Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.

(5) On March 1, 2022, the reporting person was granted 71,157 restricted stock units that vest in five equal annual installments beginning March 1, 2023, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.

(6) On March 1, 2023, the reporting person was granted 11,324 restricted stock units that vest in three equal annual installments beginning March 1, 2024, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.

**Remarks:**
Exhibit 24.1 Power of Attorney

**Signature:** /s/ Sara Rundell, by Power of Attorney  
**Date:** 2023-03-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**