Form 4: EML Director Receives 806 Shares, Holdings Now 1,236

Rhea-AI Filing Summary

Galbato Chan, a director of Eastern Company (EML), reported the purchase of 806 common shares on 09/17/2025 under the company’s Director's Fee Program pursuant to Rule 16b-3(d). The filing shows a price used to determine the number of shares of $24.98 (based on the September 15, 2025 price) and lists 1,236 shares beneficially owned following the transaction. The form is filed individually by the reporting person and records the ownership as direct. No derivative transactions or amendments are indicated in the filing.

Positive

• Director acquisition disclosed: 806 common shares acquired under the Director's Fee Program on 09/17/2025
• Clear compliance: Form 4 filed individually and identifies the transaction as direct ownership
• Price transparency: Price used to determine shares disclosed as $24.98 based on 09/15/2025

Negative

• None.

Insights

Securities Analyst

TL;DR: Director purchased 806 shares at a reference price of $24.98, raising direct holdings to 1,236 shares.

The Form 4 documents a routine issuance of common shares to a director under the company’s Director's Fee Program, executed 09/17/2025 and valued using the market price on 09/15/2025. This is a straightforward, non-derivative acquisition recorded as direct ownership and filed by one reporting person. The transaction appears administrative in nature (compensation settled in stock) rather than a market-driven open-market purchase.

Corporate Governance Expert

TL;DR: A director received shares as director compensation; disclosure aligns with Rule 16 reporting requirements.

The filing shows compliance with Section 16 reporting: the director discloses receipt of 806 shares under the Director's Fee Program and identifies ownership as direct. The explanation cites Rule 16b-3(d), indicating the transfer relates to board compensation. The document contains no indications of related-party conflict, derivative activity, or amendments to prior reports.

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).

1. Name and Address of Reporting Person^*

Galbato Chan

(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)
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		806	A	$24.98	1,236	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. 806 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.

	Chan W Galbato	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 transaction did Galbato Chan report for Eastern Company (EML)?

The report shows acquisition of 806 common shares on 09/17/2025 under the Director's Fee Program.

How many shares does the reporting person own after the transaction?

The filing lists 1,236 shares beneficially owned following the reported transaction.

What price was used to calculate the number of shares received?

The price used was $24.98, based on the market price on 09/15/2025.

Was this filing for direct or indirect ownership and who filed it?

The ownership is reported as Direct (D) and the form was filed by one reporting person.

Why were the shares issued to the director?

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