Last updated: 5 March 2024 at 5:25pm EST

Robert F. Rivers Net Worth




The estimated Net Worth of Robert Francis Rivers is at least $7.38 Million dollars as of 1 March 2024. Mr Rivers owns over 31,956 units of Eastern Bankshares stock worth over $3,908,125 and over the last 3 years he sold EBC stock worth over $0. In addition, he makes $3,472,937 as Chairman & CEO at Eastern Bankshares.

Mr Rivers EBC stock SEC Form 4 insiders trading

Mr has made over 2 trades of the Eastern Bankshares stock since 2023, according to the Form 4 filled with the SEC. Most recently he exercised 31,956 units of EBC stock worth $505,544 on 1 March 2024.

The largest trade he's ever made was exercising 31,956 units of Eastern Bankshares stock on 1 March 2024 worth over $505,544. On average, Mr trades about 17,768 units every 122 days since 2022. As of 1 March 2024 he still owns at least 247,037 units of Eastern Bankshares stock.

You can see the complete history of Mr Rivers stock trades at the bottom of the page.





Mr. Robert F. Rivers biography

Robert F. Rivers is the Chairman & CEO at Eastern Bankshares.

What is the salary of Mr Rivers?

As the Chairman & CEO of Eastern Bankshares, the total compensation of Mr Rivers at Eastern Bankshares is $3,472,937. There are no executives at Eastern Bankshares getting paid more.



How old is Mr Rivers?

Mr Rivers is 56, he's been the Chairman & CEO of Eastern Bankshares since . There are 2 older and 2 younger executives at Eastern Bankshares. The oldest executive at Eastern Bankshares, Inc. is James B. Fitzgerald, 63, who is the Chief Admin. Officer, CFO & Treasurer.

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, and James 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.



What does Eastern Bankshares's logo look like?

Eastern Bankshares, Inc. logo

Complete history of Mr Rivers stock trades at Eastern Bankshares

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Mar 2024 Robert Francis Rivers
Chair and CEO
Option 31,956 $12.81 $409,356
1 Mar 2024
247,037
1 Mar 2023 Robert Francis Rivers
Chair and CEO
Option 21,347 $15.63 $333,654
1 Mar 2023
221,347


Eastern Bankshares executives and stock owners

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