Eastern Company (NASDAQ: EML) director receives 1,140-share equity grant
Rhea-AI Filing Summary
The Eastern Company director reports new share grant. A director of Eastern Company acquired 1,140 common shares on 12/16/2025 under The Eastern Company Director's Fee Program, at a price of $19.55 per share used to calculate the grant. This was reported as an acquisition transaction and is treated as equity compensation rather than an open-market purchase.
Following this grant, the director now beneficially owns 24,022 Eastern Company common shares in direct ownership. The transaction was reported on a Form 4 filed for a single reporting person in the role of director.
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FAQ
What insider transaction did Eastern Company (EML) report in this Form 4?
A director of The Eastern Company reported acquiring 1,140 common shares on 12/16/2025 under The Eastern Company Director's Fee Program.
At what price were the Eastern Company (EML) shares calculated for this director grant?
The 1,140 shares were issued using a share price of $19.55, which was the price of the shares on December 15, 2025, to determine the number of shares granted.
How many Eastern Company (EML) shares does the director own after this transaction?
After the reported acquisition, the director beneficially owns 24,022 common shares of Eastern Company in direct ownership.
What is the relationship of the reporting person to Eastern Company (EML)?
The reporting person is a director of Eastern Company, as indicated in the relationship section of the filing.
Was this Eastern Company (EML) Form 4 filed for multiple insiders?
No. The filing indicates that it is a Form filed by one reporting person, not a joint or group filing.
What program authorized the share grant reported for Eastern Company (EML)?
The 1,140-share grant was issued under The Eastern Company Director's Fee Program and is noted as being pursuant to Rule 16b-3(d).