STOCK TITAN

Director John Everets receives 1,310 Eastern Co (EML) shares as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

EVERETS JOHN reported open-market purchase transactions in this Form 4 filing.

EASTERN CO director John Everets acquired 1,310 common shares of EML as equity compensation. The shares were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d) at a reference price of $21.40 per share. Following this issuance, Everets directly holds 142,504 common shares.

Positive

  • None.

Negative

  • None.
Insider EVERETS JOHN
Role null
Bought 1,310 shs ($28K)
Type Security Shares Price Value
Purchase Common Shares 1,310 $21.40 $28K
Holdings After Transaction: Common Shares — 142,504 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares acquired 1,310 shares Common shares issued under Director's Fee Program
Reference price $21.40 per share Price on June 15, 2026 used to determine share count
Total holdings after 142,504 shares Direct ownership following the reported issuance
Net share change 1,310 shares Net buy direction in transaction summary
Director's Fee Program financial
"1,310 Shares issued under The Eastern Company Director's Fee Program pursuant to rule 16b-3(d)."
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.
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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SEC Form 4
FORM 4UNITED 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*
EVERETS JOHN

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares(1)06/16/2026P1,310A$21.4142,504D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 1,310 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/John W. Everets06/17/2026
** Signature of Reporting PersonDate
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 John Everets report in this Form 4?

John Everets reported receiving 1,310 EASTERN CO common shares. These shares were issued as part of The Eastern Company Director's Fee Program, increasing his direct holdings to 142,504 shares after the transaction.

Was the EASTERN CO (EML) Form 4 transaction an open-market purchase?

The transaction is coded as a purchase, but the footnote states the 1,310 shares were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d), indicating compensation rather than a discretionary open-market buy.

At what price were the 1,310 EASTERN CO (EML) shares valued in this Form 4?

The 1,310 shares are tied to a reference price of $21.40 per share. The footnote notes this is the price of the shares on June 15, 2026, used to determine the number of shares issued under the director fee program.

How many EASTERN CO (EML) shares does John Everets own after this Form 4 transaction?

After receiving 1,310 additional common shares, John Everets directly owns 142,504 EASTERN CO shares. This total reflects his position following the director fee program issuance 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 mechanism under which 1,310 shares were issued to John Everets. The footnote states the issuance was made pursuant to Rule 16b-3(d), indicating a structured director compensation arrangement.