Eastern Co. (EML) director Peggy Scott issued 1,176 shares as board fee

Rhea-AI Filing Summary

Scott Peggy reported open-market purchase transactions in this Form 4 filing.

Eastern Co. director Peggy Scott acquired 1,176 common shares, which were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d). The price used to determine the number of shares was $21.40 per share, based on the share price on June 15, 2026. Following this issuance, Scott directly holds 26,262 common shares.

Insider Trade Summary

Net Buyer: 1,176 shares ($25,166)

Net Buy 1 txn

Insider Scott Peggy

Role null

Bought 1,176 shs ($25K)

Type	Security	Shares	Price	Value
Purchase	Common Shares	1,176	$21.40	$25K

Holdings After Transaction: Common Shares — 26,262 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares acquired: 1,176 shares Reference share price: $21.40 per share Post-transaction holdings: 26,262 shares +1 more

4 metrics

Shares acquired 1,176 shares Common shares issued under Director's Fee Program

Reference share price $21.40 per share Price used to determine 1,176 issued shares on June 15, 2026

Post-transaction holdings 26,262 shares Common shares directly held after issuance

Net shares acquired 1,176 shares Net buy per transaction summary

Key Terms

Rule 16b-3(d), Director's Fee Program, open-market purchase, non-derivative

4 terms

Rule 16b-3(d) regulatory

"issued under The Eastern Company Director's Fee Program pursuant to rule 16b-3(d)"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Director's Fee Program financial

"1,176 Shares issued under The Eastern Company Director's Fee Program"

open-market purchase financial

"transaction_action: open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

non-derivative financial

"transaction_type: non-derivative"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Scott Peggy

(Last) (First) (Middle)

743 WOODVIEW COURT

(Street)

BATON ROUGE LOUISIANA 70810

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EASTERN CO [ EML ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares(1)	06/16/2026		P		1,176	A	$21.4	26,262	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 1,176 Shares issued under The Eastern Company Director's Fee Program pursuant to rule 16b-3(d). The price used to determine the number of shares is the price of the shares on June 15, 2026

	/s/ Peggy B. Scott	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Eastern Co. (EML) director Peggy Scott report in this Form 4?

Peggy Scott reported receiving 1,176 Eastern Co. common shares. These shares were issued as part of The Eastern Company Director's Fee Program under Rule 16b-3(d), increasing her direct holdings to 26,262 shares.

How many Eastern Co. (EML) shares did Peggy Scott acquire and at what price?

Peggy Scott acquired 1,176 common shares of Eastern Co. The number of shares was determined using a share price of $21.40 on June 15, 2026, as specified in the director fee program footnote.

Was Peggy Scott’s Eastern Co. (EML) transaction an open-market purchase?

Although coded as a purchase, the filing states 1,176 shares were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d). This indicates a compensation-related share issuance rather than a typical open-market buy.

What are Peggy Scott’s Eastern Co. (EML) holdings after this Form 4 transaction?

After receiving 1,176 common shares, Peggy Scott directly holds 26,262 Eastern Co. shares. This total reflects her position immediately following the compensation-related share issuance reported in the Form 4.

What is The Eastern Company Director's Fee Program mentioned in the Form 4?

The Form 4 notes that 1,176 shares were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d). This indicates directors can receive company shares as part of their fees instead of cash compensation.