---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-050961"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:20:33.642914+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares shareholders approve share issuance for Cambridge Bancorp merger

## Summary
- Shareholders voted 121,423,622 in favor, 17,842,916 against, 236,674 abstentions for the Eastern Share Issuance Proposal.
- The adjournment proposal was also approved with 120,432,353 votes for, 18,885,880 against, 184,979 abstentions.
- No adjournment was necessary because the share issuance proposal passed.
- The merger with Cambridge Bancorp, announced September 19, 2023, moves forward.

## SEC filing metadata
- accession: 0001193125-24-050961
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000119312524050961/0001193125-24-050961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000119312524050961/d755934d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-050961
- JSON: https://secwatch.observer/filing/0001193125-24-050961.json
- Plain text: https://secwatch.observer/filing/0001193125-24-050961.txt

## Key facts
- Shareholder Votes
  Eastern Bankshares, Inc. shareholders approved Eastern Adjournment Proposal at the 2024-02-28 meeting.
  - Outcome: passed
  - Meeting: 2024-02-28
  source text: Proposal 2: Eastern Adjournment Proposal At the Special Meeting, shareholders authorized the postponement or adjournment of the Special Meeting, if necessary, to permit further solicitation of proxies or to provide amended or supplemental materials, by the vote set forth below: Votes For Votes Against Abstentions 120,432,353 18,885,880 184,979
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810546/000119312524050961/0001193125-24-050961-index.htm
- Shareholder Votes
  Eastern Bankshares, Inc. shareholders approved Eastern Share Issuance Proposal at the 2024-02-28 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2024-02-28
  source text: Proposal 1: Eastern Share Issuance Proposal At the Special Meeting, shareholders authorized the issuance of shares of Company common stock to Cambridge shareholders by the vote set forth below: Votes For Votes Against Abstentions 121,423,622 17,842,916 236,674
  evidence_url: https://www.sec.gov/Archives/edgar/data/1810546/000119312524050961/0001193125-24-050961-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.