5 unchanged sentences
There were no changes in the Company’s internal controls over financial reporting that occurred during the year ended December 31, 2022 that have materially affected or are reasonably likely to materially affect the Company’s internal controls over financial reporting.
−Removed: The Company has not experienced any material impact to the Company’s internal controls over financial reporting due to the fact that most of the Company’s employees responsible for financial reporting are working remotely during the COVID-19 pandemic.
−Removed: The Company is continually monitoring and assessing the impact of the COVID-19 pandemic on the Company’s internal controls to minimize the impact to their design and operating effectiveness.
+Added: The Company has not experienced any material impact to the Company’s internal controls over financial reporting due to the fact that most of the Company’s employees responsible for financial reporting are working remotely and/or hybrid.
+Added: The Company is continually monitoring and assessing the impact of working remotely and/or hybrid on the Company’s internal controls to minimize the impact to their design and operating effectiveness.
Management's Report on Internal Control over Financial Reporting
41 unchanged sentences
OTHER INFORMATION
+Added: DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
+Added: Not applicable.
DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
3 unchanged sentences
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
−Removed: Except for the information concerning equity compensation plans, the information required herein is incorporated by reference from the Definitive Proxy Statement under the heading “Security Ownership of Certain Beneficial Owners and Management.”
+Added: Except for the information concerning equity compensation plans, the information required herein is incorporated by reference from the Definitive Proxy Statement under the heading “Security Ownership of Certain Beneficial Owners and Management.” The following table sets out information as of December 31, 2022, about securities authorized for issuance under the Company’s Equity Incentive Plan, which has been approved by shareholders.
Equity Compensation Plan Information
6 unchanged sentences
Pursuant to the terms of such plan, 683,056 shares of restricted stock were granted and issued to the Company’s non-employee directors on November 30, 2021.
−Removed: For more information, see “Share-Based Compensation Plan” section in Note 16, “Employee Benefits” within these Consolidated Financial Statements.
+Added: An additional 31,559 shares were issued to the Company’s non-employee directors on May 17, 2022.
+Added: Forfeited shares are returned to the pool of shares available for issuance in accordance with the terms of the 2021 Equity Incentive Plan.
+Added: For more information, see the “Share-Based Compensation Plan” section in Note 17, “Employee Benefits” within the Notes to the Consolidated Financial Statements included in Item 8 in this Annual Report on Form 10-K.
+Added: (2) Consists of shares of common shares that have been reserved and may be issuable to Company employees upon the settlement of 972,325 restricted stock units and 533,676 performance share units at target payout levels.
CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
27 unchanged sentences
04/08/2021 2.1
−Removed: 3.1 Amended and Restated Articles of Organization of Eastern Bankshares, Inc.
+Added: 3.1 Restated Articles of Organization of Eastern Bankshares, Inc.
+Added: , effective May 16, 2022
10-Q 001-39610 08/05/2022 3.1
5 unchanged sentences
10-K 001-39610 03/29/2021 4.2
−Removed: 10.1 Purchase and Sale Agreement by and among Eastern Bank and Herb Chambers 273 Turnpike Road, LLC (1)
−Removed: 10-Q 001-39610 11/10/2021 10.2
10.1† Eastern Bank Employee Stock Ownership Plan
7 unchanged sentences
S-1 333-239251 06/18/2020 10.4
−Removed: Description Included with this Form 10-K Incorporated by Reference
−Removed: Form File No.
−Removed: Filing Date Exhibit No.
10.5† Change in Control Agreement with Quincy L.
1 unchanged sentence
S-1 333-239251 06/18/2020 10.5
+Added: Description Included with this Form 10-K Incorporated by Reference
+Added: Form File No.
+Added: Filing Date Exhibit No.
10.6† Form of Change in Control Agreement with other executive officers
52 unchanged sentences
+ Furnished herewith
−Removed: (1) Schedules to the Purchase & Sale Agreement have been omitted pursuant to Item 601(b)(2) of Regulation S-K.
−Removed: The registrant will furnish copies of any such schedules to the U.S.
−Removed: Securities and Exchange Commission upon request.
FORM 10-K SUMMARY
36 unchanged sentences
February 24, 2023
−Removed: Shell Director Date:
−Removed: February 25, 2022
Spiess Director Date:
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.