Eastern Co. (EML) director granted 1,099 shares under board fee program

Rhea-AI Filing Summary

MARDY MICHAEL J reported open-market purchase transactions in this Form 4 filing.

Eastern Co. director Michael J. Mardy acquired 1,099 common shares of the company. The shares were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d), using a share price of $20.93 set on March 13, 2026. Following this compensation-related grant, Mardy directly holds 18,065 common 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

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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^*

MARDY MICHAEL J

(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		1,099	A	$20.93	18,065	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. 1099 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.

	/s/ Michael J. Mardy	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Eastern Co. (EML) director Michael J. Mardy report?

Michael J. Mardy reported acquiring 1,099 Eastern Co. common shares. The shares were issued as part of The Eastern Company Director's Fee Program, meaning this was a compensation-related equity grant rather than a typical open-market stock purchase.

Was the Eastern Co. (EML) Form 4 transaction an open-market purchase?

No, the 1,099 shares were issued under a director fee program. A footnote states the shares were granted pursuant to The Eastern Company Director's Fee Program under Rule 16b-3(d), indicating compensation rather than an open-market buy, despite the Form 4 code showing a purchase.

At what price were Michael J. Mardy’s Eastern Co. (EML) shares valued?

The 1,099 shares were valued at $20.93 per share. The footnote explains that this price was the market price of Eastern Co. shares on March 13, 2026, and was used to determine the number of shares issued under the director fee program.

How many Eastern Co. (EML) shares does Michael J. Mardy now hold?

Michael J. Mardy now directly holds 18,065 Eastern Co. common shares. This total reflects his position after receiving the 1,099-share equity grant under the company’s Director's Fee Program, as reported in the latest Form 4 filing.

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

The Eastern Company Director's Fee Program provides shares as director compensation. In this filing, 1,099 shares were issued to director Michael J. Mardy under this program, with the share count based on the $20.93 market price on March 13, 2026.