Eastern Co (EML) director granted 940 shares as fees, boosting holdings

Rhea-AI Filing Summary

Galbato Chan reported open-market purchase transactions in this Form 4 filing.

Eastern Co director Chan Galbato received 940 common shares under the company’s Director’s Fee Program at a reference price of $21.40 per share. This compensation-related issuance increased Galbato’s direct holdings to 4,167 Eastern Co common shares, according to the Form 4 filing.

Insider Trade Summary

Net Buyer: 940 shares ($20,116)

Net Buy 1 txn

Insider Galbato Chan

Role null

Bought 940 shs ($20K)

Type	Security	Shares	Price	Value
Purchase	Common Shares	940	$21.40	$20K

Holdings After Transaction: Common Shares — 4,167 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares received: 940 shares Reference price per share: $21.40/share Total shares owned after transaction: 4,167 shares +1 more

4 metrics

Shares received 940 shares Common Shares issued under Director's Fee Program

Reference price per share $21.40/share Price used to determine number of shares on June 15, 2026

Total shares owned after transaction 4,167 shares Direct ownership following issuance

Net share change 940 shares Net-buy direction in transaction summary

Key Terms

Director's Fee Program, rule 16b-3(d), Common Shares

3 terms

Director's Fee Program financial

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

rule 16b-3(d) regulatory

"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.

Common Shares financial

"security_title": "Common Shares""

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

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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^*

Galbato Chan

(Last) (First) (Middle)

3 ENTERPRISE DRIVE

SUITE 408

(Street)

SHELTON CONNECTICUT 06484

(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		940	A	$21.4	4,167	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. 940 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/ Chan W Galbato	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 Chan Galbato report in this Form 4?

Chan Galbato reported receiving 940 Eastern Co common shares as director compensation. The shares were issued under The Eastern Company Director's Fee Program, increasing Galbato’s direct ownership to 4,167 common shares after the transaction.

Was Chan Galbato’s Eastern Co (EML) transaction an open-market purchase?

Although coded as a purchase, the footnote states 940 shares were issued under The Eastern Company Director's Fee Program. This indicates a stock-based compensation grant rather than a discretionary open-market buy on the stock exchange.

At what price were Chan Galbato’s Eastern Co (EML) shares valued in the Form 4?

The Form 4 shows a price of $21.40 per share used to determine the 940 shares issued. The footnote explains this was the share price on June 15, 2026, which served as the basis for calculating the number of shares granted.

How many Eastern Co (EML) shares does Chan Galbato own after this transaction?

After the issuance of 940 common shares under the Director's Fee Program, Chan Galbato directly owns 4,167 Eastern Co common shares. This total reflects the updated direct ownership position reported in the Form 4 filing.

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

The Eastern Company Director's Fee Program is referenced as the plan under which 940 shares were issued to Chan Galbato. It indicates directors can receive company shares as fees, with the share amount based on a specified share price.