secwatch.observer — SEC 8-K summary
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Issuer:     Eastern Bankshares, Inc. (EBC)
CIK:        0001810546
Form:       8-K/A
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001193125-25-263387
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Bankshares completes HarborOne acquisition; issues ~26.9M shares, 85% stock consideration
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- Merger effective Nov 1, 2025; 91.87% of HarborOne shares elected stock, 2.03% cash, 6.10% no election.
- After proration, 84.99% of HarborOne shares converted to stock consideration and 15.01% to cash.
- Eastern issued ~26,936,260 shares; pro forma shares outstanding ~238.45M as of Sep 30, 2025.
- Joseph F. Casey (former HarborOne CEO) and Michael J. Sullivan (former Chairman) appointed to Eastern's board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810546/000119312525263387/0001193125-25-263387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810546/000119312525263387/d47988d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-263387

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer