Eastern Co. director gets 1,339-share fee grant
EVERETS JOHN reported open-market purchase transactions in this Form 4 filing.
Rhea-AI Filing Summary
EVERETS JOHN reported open-market purchase transactions in this Form 4 filing.
Eastern Co. director John Everets increased his stake through equity compensation rather than a market trade. On March 16, 2026, he acquired 1,339 common shares, issued under The Eastern Company Director's Fee Program, using the March 13, 2026 share price to determine the grant size. After this award, he directly holds 141,194 common shares, so the new shares represent a small addition to his existing position.
Positive
- None.
Negative
- None.
Insights
Director received a small equity fee grant, not an open-market purchase.
Director John Everets was issued 1,339 Eastern Co. common shares under the company’s Director's Fee Program. Although coded as a purchase, the footnote clarifies this is equity compensation under Rule 16b-3(d), not a discretionary market buy.
The award lifts his direct holdings to 141,194 shares, so the grant is small relative to his existing stake. As a routine fee-based share issuance, it carries limited informational value about his views on Eastern Co.’s valuation compared with a large open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 1,339 | $20.93 | $28K |
Footnotes (1)
- F1. 1339 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.
FAQ
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What transaction did Eastern Co. (EML) director John Everets report on this Form 4?
Was the Eastern Co. (EML) Form 4 transaction an open-market purchase by John Everets?
Does the Eastern Co. (EML) Form 4 indicate any derivative or option exercises by John Everets?
AI-generated analysis. How Rhea-AI works. Not financial advice.