---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-036961"
form_type: "8-K/A"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:23:25.105684+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares files pro forma financials for insurance operations sale to Arthur J. Gallagher

## Summary
- Completed sale of Eastern Insurance Group LLC to Arthur J. Gallagher Risk Management Services on Oct 31, 2023.
- Pro forma balance sheet as of Sep 30, 2023 and income statements for 2020-2023 remove EIG results.
- EIG historical results will be reported as discontinued operations from Q3 2023 onward.
- Pro forma adjustments exclude allocation of corporate overhead, interest expense, and future dis-synergies.

## SEC filing metadata
- accession: 0001628280-23-036961
- form_type: 8-K/A
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000162828023036961/0001628280-23-036961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000162828023036961/ebc-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-036961
- JSON: https://secwatch.observer/filing/0001628280-23-036961.json
- Plain text: https://secwatch.observer/filing/0001628280-23-036961.txt

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