Eastern Co (EML) director Galbato Chan awarded 962 common shares

Rhea-AI Filing Summary

Eastern Co director Galbato Chan received 962 common shares as equity compensation under the company’s Director's Fee Program, rather than buying them on the open market. The shares were valued using the share price on March 13, 2026, and Chan now directly holds 3,227 Eastern Co shares.

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 CT 06484

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

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

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

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)	03/16/2026		P		962	A	$20.93	3,227	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. 962 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 March 13, 2026.

	Chan W Galbato	03/17/2026
	** 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.

FAQ

What insider transaction did Eastern Co (EML) director Galbato Chan report?

Director Galbato Chan reported receiving 962 Eastern Co common shares as part of the company’s Director's Fee Program. These shares were issued as equity compensation, not purchased in the open market, and increase Chan’s direct holdings to 3,227 shares.

Was Galbato Chan’s Form 4 transaction in Eastern Co (EML) an open-market purchase?

No. Although coded as a purchase, the footnote explains that 962 shares were issued under Eastern Co’s Director's Fee Program. This indicates a compensation-related grant under Rule 16b-3(d), not a discretionary open-market buy by the director.

How many Eastern Co (EML) shares does Galbato Chan hold after this Form 4?

After receiving 962 common shares through the Director's Fee Program, Galbato Chan’s direct ownership rises to 3,227 Eastern Co shares. This total reflects the updated direct position reported in the Form 4 filing following the compensation-related issuance.

What price was used to determine Galbato Chan’s 962-share award in Eastern Co (EML)?

The number of shares issued, 962, was based on Eastern Co’s share price on March 13, 2026. That reference price was used to convert the director’s fees into common shares under the Director's Fee Program, according to the Form 4 footnote.

Is Galbato Chan’s Eastern Co (EML) share award part of a director compensation plan?

Yes. The Form 4 footnote states the 962 Eastern Co shares were issued under The Eastern Company Director's Fee Program, pursuant to Rule 16b-3(d). This confirms the transaction is compensation-related rather than a voluntary market trade by the director.