Director at Eastern Co (EML) adds 1,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eastern Co director Frederick D. DiSanto reported an open-market purchase of 1,000 common shares at $18.39 each. After this transaction, his directly held stake rose to 99,689 common shares. The filing also reports indirect holdings of 43,797 and 11,970 common shares held by Ancora Catalyst and Ancora Merlin entities referenced in the footnotes, where DiSanto may be deemed a beneficial owner for Section 16 purposes but expressly disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($18,390)
Net Buy
3 txns
Insider
DiSanto Frederick D.
Role
Director
Bought
1,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 1,000 | $18.39 | $18K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 99,689 shares (Direct);
Common Stock, par value $0.01 per share — 43,797 shares (Indirect, see footnote)
Footnotes (1)
- Shares owned directly by Ancora Catalyst. Mr. DiSanto, solely by virtue of his position as the Chairman and Chief Executive Officer of Ancora Holdings, the sole member of Ancora Alternatives, the General Partner of Ancora Catalyst, may be deemed to beneficially own the shares owned directly by Ancora Catalyst, for purposes of Section16. Mr.DiSanto expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Shares owned directly by Ancora Merlin. Mr. DiSanto, solely by virtue of his position as the Chairman and Chief Executive Officer of Ancora Holdings, the sole member of Ancora Alternatives, the General Partner of Ancora Merlin, may be deemed to beneficially own the shares owned directly by Ancora Merlin, for purposes of Section16. Mr.DiSanto expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did Frederick D. DiSanto report at EML?
Frederick D. DiSanto reported an open-market purchase of 1,000 Eastern Co common shares at $18.39 per share. This Form 4 filing reflects his latest direct acquisition of the company’s stock as a director.
Was the Eastern Co (EML) insider transaction a buy or sell?
The primary reportable transaction was a buy. Frederick D. DiSanto executed an open-market purchase of 1,000 Eastern Co common shares at $18.39 per share, with no reported share sales in this Form 4.