Eastern Co director granted 1,217 shares

A director of EASTERN CO received 1,217 common shares as equity fees, bringing direct holdings to 5,384 shares.

Rhea-AI Filing Summary

EASTERN CO (symbol: EML) is the issuer of record for a Form 4 filing submitted to the SEC. Galbato Chan reported reported purchase transactions in this Form 4 filing.

EASTERN CO (EML) director Chan Galbato reported receiving 1,217 Common Shares of the company on September 16, 2026. The shares were issued under The Eastern Company Director's Fee Program as equity compensation, with the number of shares based on a share price of $25.25. After this issuance, Galbato directly holds 5,384 common shares, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Buyer: 1,217 shares

Net Buy 1 txn

Insider Galbato Chan

Role Director

Bought 1,217 shs ($31K)

Type	Security	Shares	Price	Value
Purchase	Common Shares F1	1,217	$25.25	$31K

Holdings After Transaction: Common Shares — 5,384 shares (Direct)

Footnotes (1)

1. F1. 1,217 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 September 15, 2026.

Key Figures

Shares issued as director fees: 1,217 shares Price used to calculate issued shares: $25.25 per share Holdings after transaction: 5,384 shares

3 metrics

Shares issued as director fees 1,217 shares Common Shares issued on September 16, 2026 under Director's Fee Program

Price used to calculate issued shares $25.25 per share Price of EASTERN CO shares on September 15, 2026 used to determine share count

Holdings after transaction 5,384 shares Total direct Common Shares held by Chan Galbato after the issuance

Key Terms

Director's Fee Program, Rule 16b-3(d), Common Shares

3 terms

Director's Fee Program financial

"1,217 shares issued under The Eastern Company Director's Fee Program"

Rule 16b-3(d) regulatory

"issued under The Eastern Company Director's Fee Program pursuant to rule 16b-3(d)"

Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.

Common Shares financial

"Common Shares transaction reported for September 16, 2026"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did EASTERN CO (EML) director Chan Galbato report in this Form 4?

He reported receiving 1,217 Common Shares of EASTERN CO on September 16, 2026, issued under The Eastern Company Director's Fee Program as equity compensation, increasing his direct holdings to 5,384 shares.

Was the EASTERN CO (EML) Form 4 transaction an open-market purchase?

No. The 1,217 shares were issued under The Eastern Company Director's Fee Program as director compensation pursuant to Rule 16b-3(d). The filing describes this as shares issued, not bought in the open market.

What price was used to determine the number of EML shares issued to the director?

The number of shares was based on a share price of $25.25, which the filing states was the price of the shares on September 15, 2026. This price was used only to calculate how many shares to issue as fees.

How many EASTERN CO (EML) shares does director Chan Galbato hold after this transaction?

After the issuance of 1,217 shares, director Chan Galbato directly holds 5,384 Common Shares of EASTERN CO, as reported in the Form 4.

Was a Rule 10b5-1 trading plan involved in this EML Form 4 transaction?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not checked, and the footnote describes the transaction as shares issued under the Director's Fee Program, not under a trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 03:53 PM Accepted by SEC EDGAR 09/17/2026 - 03:52 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Galbato Chan

(Last) (First) (Middle)

3 ENTERPRISE DRIVE

SUITE 408

(Street)

SHELTON CONNECTICUT 06484

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	09/16/2026		P		1,217	A	$25.25	5,384	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. 1,217 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 September 15, 2026.

	Chan W Galbato	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)