Eastern Co (EML) director adds shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eastern Co director Frederick D. DiSanto reported an open-market purchase of 101 shares of common stock at $18.99 per share. This trade increased his direct holdings to 99,790 shares. The filing also shows indirect holdings of 43,797 and 11,970 shares, held by Ancora Catalyst and Ancora Merlin entities, where he may be deemed a beneficial owner but disclaims beneficial ownership beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 101 shares ($1,918)
Net Buy
3 txns
Insider
DiSanto Frederick D.
Role
Director
Bought
101 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 101 | $18.99 | $2K |
| 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 — 99,790 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 for Eastern Co (EML)?
Frederick D. DiSanto reported an open-market purchase of 101 shares of Eastern Co common stock. The transaction occurred at $18.99 per share and modestly increased his direct stake, as disclosed in a Form 4 insider trading report filed with regulators.
What indirect Eastern Co (EML) holdings are associated with Ancora entities?
The filing lists 43,797 shares owned by Ancora Catalyst and 11,970 shares owned by Ancora Merlin. DiSanto may be deemed a beneficial owner because of his leadership roles at Ancora, but he expressly disclaims beneficial ownership beyond his pecuniary interest.
Does the Eastern Co Form 4 show any stock sales by DiSanto?
The Form 4 reports only a net-buy pattern, with one open-market purchase of 101 shares and no sales. Additional rows simply state indirect holdings totals, without any reported dispositions of Eastern Co common stock in this filing.