Eastern Co (EML) director receives 892 shares via fee program valued $24.98

Rhea-AI Filing Summary

Peggy Scott, a director of The Eastern Company (EML), acquired 892 common shares under the company's Director's Fee Program at an implied price of $24.98 per share, increasing her direct holdings to 22,882 shares. The transaction is reported as a non-derivative acquisition and was executed under the procedures described by Rule 16b-3(d). The filing indicates the price used to calculate the share award was the market price on September 15, 2025.

Positive

• Director acquired 892 common shares under The Eastern Company's Director's Fee Program, increasing direct holdings to 22,882 shares.
• Transaction executed under Rule 16b-3(d), indicating the issuance followed permitted procedures for directors' compensation.

Negative

• None.

Insights

Financial Analyst

TL;DR Director purchased 892 shares via fee program, a small direct ownership increase to 22,882 shares—routine insider acquisition.

The reported transaction is a standard issuance under The Eastern Company's Director's Fee Program, not an open-market purchase or sale. The acquisition of 892 shares at an implied $24.98 per share modestly increases the director's direct stake. For investors, this is a routine compensation-related issuance that slightly raises insider ownership but does not represent a material capital allocation or change to corporate control.

Corporate Governance Expert

TL;DR Director fee settled in shares under Rule 16b-3(d) — procedural and consistent with governance practice.

The disclosure shows the company used its Director's Fee Program to satisfy compensation obligations, a common governance approach that aligns director compensation with shareholder interests. The form is properly signed and reports direct ownership form. There are no indications in the filing of related-party transfers, departures, or unusual terms that would raise governance concerns.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Scott Peggy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	892	$24.98	$22K

Holdings After Transaction: Common Shares — 22,882 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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).

1. Name and Address of Reporting Person^*

Scott Peggy

(Last) (First) (Middle)

743 WOODVIEW COURT

(Street)

BATON ROUGE LA 70810

(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)
09/17/2025

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)	09/17/2025		A		892	A	$24.98	22,882	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. 892 shares acquired 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 on September 15, 2025.

	/s/Peggy B. Scott	09/17/2025
	** 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 did Peggy Scott disclose on the Form 4 for EML?

The Form 4 reports that Peggy Scott acquired 892 common shares under the Director's Fee Program, bringing her direct holdings to 22,882 shares.

How many shares were acquired and at what price in the EML Form 4?

The filing shows 892 shares were acquired with the price used to calculate the award listed as $24.98 per share.

Under what program were the shares issued to the director in the EML filing?

The shares were issued under The Eastern Company Director's Fee Program, reported pursuant to Rule 16b-3(d).

Does the Form 4 indicate direct or indirect ownership after the transaction?

The Form 4 indicates direct ownership (D); the reporting person holds the shares directly.

Is this Form 4 reporting an open-market trade or compensation-related issuance for EML?

This is a compensation-related issuance under the Director's Fee Program, not an open-market trade.