Eastern Co. (EML) director Everets awarded 1,339 shares as fee compensation

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.

Insights

Equity compensation and insider-trading analyst

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.

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^*

EVERETS JOHN

(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		1,339	A	$20.93	141,194	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. 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.

	/s/John W. Everets	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 transaction did Eastern Co. (EML) director John Everets report on this Form 4?

John Everets reported receiving 1,339 Eastern Co. common shares. These were issued under the company’s Director's Fee Program as equity compensation, using the March 13, 2026 share price to determine the number of shares granted.

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

No, the shares were not bought in the open market. The footnote explains that 1,339 shares were issued under The Eastern Company Director's Fee Program as compensation, with the March 13, 2026 share price only used to calculate the share amount.

How many Eastern Co. (EML) shares does director John Everets hold after this transaction?

After receiving the director fee shares, John Everets directly holds 141,194 Eastern Co. common shares. The 1,339-share issuance is a relatively small increment compared with his overall reported direct ownership position in the company.

What price was used to determine John Everets’ Eastern Co. (EML) director fee share grant?

The grant size was based on Eastern Co.’s share price on March 13, 2026. That price was used solely to calculate how many shares would be issued under The Eastern Company Director's Fee Program, according to the Form 4 footnote.

Does the Eastern Co. (EML) Form 4 indicate any derivative or option exercises by John Everets?

The filing does not show any derivative or option exercises. It reports only a single non-derivative transaction: issuance of 1,339 common shares as director fee compensation, with no remaining derivative positions listed in the derivative summary.

Is the Eastern Co. (EML) director fee share issuance likely a routine transaction?

Yes, the transaction appears routine. The Form 4 describes 1,339 shares issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d), which typically covers standard, board-approved equity compensation for directors rather than discretionary market trades.