Filing Details

*

The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

CUSIP No. 752378109

Page 2 of 2

(1)

Names of reporting persons

Envision Bank Employee Stock Ownership Plan Trust

(2)

Check the appropriate box if a member of a group (see instructions)

(a)  ☐        (b)  ☒

(3)

SEC use only

(4)

Citizenship or place of organization

Massachusetts

Number of

(5)

Sole voting power

451,745

shares

beneficially

owned by

(6)

Shared voting power

each

reporting

person

(7)

Sole dispositive power

with:

(8)

Shared dispositive power

451,745

(9)

Aggregate amount beneficially owned by each reporting person

451,745

(10)

Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

☐

(11)

Percent of class represented by amount in Row (9)

8.83% of 5,113,825 shares outstanding as of December 31, 2021

(12)

Type of reporting person (see instructions)

EP

Item 1.

(a)

Name of Issuer

Randolph Bancorp, Inc.

(b)

Address of Issuer’s Principal Executive Offices

2 Batterymarch Park, Suite 300

Quincy, MA 02169

Item 2.

(a)

Name of Person Filing

Envision Bank Employee Stock Ownership Plan Trust

Trustee: Eastern Bank

(b)

Address of Principal Business Office or, if none, Residence

605 Broadway, LF 41

Saugus, MA 01906

(c)

Citizenship

Massachusetts

(d)

Title of Class of Securities

Common Stock, par value $0.01 per share

(e)

CUSIP Number

752378109

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(f)

☒

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)Amount beneficially owned: See Page 2, Item 9.

(b)Percent of class: See Page 2, Item 11

(c)Number of shares as to which the person has:

(i)Sole power to vote or to direct the vote: See Page 2, Item 5

(ii)Shared power to vote or to direct the vote: See Page 2, Item 6

(iii)Sole power to dispose or to direct the disposition of: See Page 2, Item 7

(iv)Shared power to dispose or to direct the disposition of: See Page 2, Item 8

Item 5.

Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   ☐.

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

Not applicable.

Item 8.

Identification and Classification of Members of the Group

Not applicable.

Item 9.

Notice of Dissolution of Group

Not applicable.

Item 10.

Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 Date: February 16, 2022

Envision BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST

By:  Eastern Bank, as Trustee

By:

/s/ Charles P. Nelson, Jr.

Name: Charles P. Nelson, Jr.

Title: Vice President

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).