Donald Michael Westermann Net Worth

The estimated Net Worth of Donald Michael Westermann is at least $285 mil dollars as of 1 March 2024. Donald Westermann owns over 11,463 units of Eastern Bankshares stock worth over $285,345 and over the last 4 years Donald sold EBC stock worth over $0.

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Donald Westermann EBC stock SEC Form 4 insiders trading

Donald has made over 3 trades of the Eastern Bankshares stock since 2020, according to the Form 4 filled with the SEC. Most recently Donald exercised 11,463 units of EBC stock worth $181,345 on 1 March 2024.

The largest trade Donald's ever made was buying 20,000 units of Eastern Bankshares stock on 14 October 2020 worth over $200,000. On average, Donald trades about 10,238 units every 309 days since 2020. As of 1 March 2024 Donald still owns at least 18,037 units of Eastern Bankshares stock.

You can see the complete history of Donald Westermann stock trades at the bottom of the page.

Insiders trading at Eastern Bankshares

Over the last 4 years, insiders at Eastern Bankshares have traded over $6,603,969 worth of Eastern Bankshares stock and bought 801,784 units worth $8,046,040 . The most active insiders traders include R David Rosato, Richard Edward Holbrook, eJames Burke Fitzgerald. On average, Eastern Bankshares executives and independent directors trade stock every 24 days with the average trade being worth of $380,265. The most recent stock trade was executed by Quincy Lee Miller on 4 September 2024, trading 12,676 units of EBC stock currently worth $211,182.

What does Eastern Bankshares do?

Eastern Bankshares, Inc. operates as the bank holding company for Eastern Bank that provides commercial banking products and services primarily to retail, commercial, and small business customers. It operates in two segments, Banking Business and Insurance Agency Business. The company provides interest-bearing and non interest-bearing checking deposits, money market deposits, savings deposits, and certificates of deposits, as well as debit and credit cards. It also offers commercial and industrial loans, commercial real estate and construction loans, business banking loans, residential real estate loans, and home equity and other consumer loans, as well as mortgage and personal loans, auto loans, preferred term loans, small business administration loans, and reserve lines of credit. In addition, the company provides cash reserves, cash management, merchant, escrow express, government banking, international banking, interest on lawyers trust accounts, pension planning, and business telephone banking services, as well as products and services for not-for-profit and healthcare. Further, it offers trust and investment products and services; community development and asset-based lending services; financial planning, portfolio management, wealth management, private banking, and fiduciary products; and electronic banking and foreign exchange services, as well as various insurance products. As of April 1, 2021, the company had approximately 110 locations in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. Eastern Bankshares, Inc. was founded in 1818 and is headquartered in Boston, Massachusetts.

Complete history of Donald Westermann stock trades at Eastern Bankshares

Eastern Bankshares executives and stock owners

Eastern Bankshares executives and other stock owners filed with the SEC include:

• Robert F. Rivers,
  Chairman & CEO
• James B. Fitzgerald,
  Chief Admin. Officer, CFO & Treasurer
• Quincy L. Miller,
  Pres
• Nancy Huntington Stager,
  Pres & CEO of Eastern Bank Foundation
• Timothy J. Lodge,
  Exec. VP
• Sujata Yadav,
  Exec. VP & Chief Marketing Officer
• Kathleen Cloherty Henry Esq.,
  Exec. VP, Gen. Counsel & Corp. Sec.
• Steven Louis Antonakes,
  Executive VP
• Leon Aghababai Palandjian,
  
• Donald Michael Westermann,
  Chief Information Officer
• Martha A Dean,
  EVP, Dir. of Operations
• Greg Allen Sr. Shell,
  Director
• Antonio Lopez,
  
• Richard Edward Holbrook,
  
• Kathleen Cloherty Henry,
  Executive VP, General Counsel
• Deborah C Jackson,
  
• Jan Allan Miller,
  Chief Cml Banking Officer
• John Francis Koegel,
  CEO, Eastern Insurance Group
• Joseph Chung,
  
• Peter Kenneth Markell,
  
• Nancy Huntington Stager,
  Executive VP
• Luis Borgen,
  
• Sujata Yadav,
  EVP, Chief Marketing Officer
• Timothy Joseph Lodge,
  CEO, Eastern Insurance Group
• Barbara Jane Heinemann,
  Executive VP
• Bari A Harlam,
  
• Matthew Adam Osborne,
  See Remarks
• Daniel J Sullivan,
  Chief Credit Officer
• Robert Francis Rivers,
  Chair and CEO
• Gregory Paul Buscone,
  See Remarks
• Quincy Lee Miller,
  President
• David Andrew Ahlquist,
  SVP, Chief Accounting Officer
• James Burke Fitzgerald,
  Chief Financial Officer
• Paul Martin Connolly,
  
• Linda Marie Williams,
  
• Diane Hessan,
  
• Richard Corey Bane,
  
• Marisa Harney,
  
• Paul Davis Spiess,
  
• R David Rosato,
  Chief Financial Officer
• Denis K Sheahan,
  Chief Executive Officer