Eastern Co (EML) director and 10% owner report $20.14 share purchase
Rhea-AI Filing Summary
EASTERN CO (EML) reporting person James A. Mitarotonda and affiliated Barington entities reported buying 2,433 common shares on December 12, 2025 at an average price of $20.1384 per share, through multiple trades priced between $20.10 and $20.20. After this transaction, Barington Companies Equity Partners, L.P. reports beneficial ownership of 634,933 Eastern Co shares held indirectly, and an additional 40,955 shares are reported as held directly. The filing identifies the group as a director and 10% owner of Eastern Co and describes a layered ownership structure linking Mitarotonda and several Barington entities. The reporting persons state that they disclaim beneficial ownership of these securities except to the extent of their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 2,433 | $20.1384 | $49K |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- James A. Mitarotonda is the sole stockholder and director of LNA Capital Corp. LNA Capital Corp. is the general partner of Barington Capital Group, L.P., which is the majority member of Barington Companies Investors, LLC ("Barington Investors"). Barington Investors is the general partner of Barington Companies Equity Partners L.P. Barington Companies Management, LLC is the investment adviser to Barington Companies Equity Partners L.P. Each of the reporting persons disclaims beneficial ownership of these securities, except to the extent of the pecuniary interests therein, and this report shall not be deemed to be an admission that each of the reporting persons is the beneficial owner of these shares for the purposes of Section 16 or any other purpose. Shares acquired through multiple transactions with prices in the range of $20.10 to $20.20 per share.
FAQ
What insider transaction did Eastern Co (EML) report in this Form 4?
The filing reports that 2,433 Eastern Co common shares were purchased on December 12, 2025 at an average price of $20.1384 per share.
Who is James A. Mitarotonda in relation to Eastern Co (EML)?
James A. Mitarotonda is a reporting person identified as a director and 10% owner of Eastern Co, acting through various affiliated Barington entities.
Do the reporting persons claim full beneficial ownership of all reported Eastern Co (EML) shares?
No. The reporting persons state that they disclaim beneficial ownership of the securities, except to the extent of their pecuniary interests in the shares.