Eastern Company (EML) director adds 1,435 shares under fee program
Rhea-AI Filing Summary
Eastern Company director reports fee-based share acquisition
A director of Eastern Company reported acquiring 1,435 common shares on 12/16/2025. The transaction was coded as a purchase and was executed at a price of $19.55 per share. These shares were issued under The Eastern Company Director's Fee Program, with the number of shares determined using the share price on December 15, 2025.
Following this transaction, the director beneficially owns 139,855 Eastern common shares held directly. This filing reflects routine equity compensation rather than an open-market trade.
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FAQ
What insider transaction did Eastern Company (EML) report?
A director of Eastern Company reported acquiring 1,435 common shares on 12/16/2025 through a fee-based equity program.
At what price were the new Eastern Company (EML) shares acquired?
The 1,435 shares were acquired at a price of $19.55 per share, as disclosed in the transaction details.
How many Eastern Company shares does the director own after this transaction?
After the reported transaction, the director beneficially owns 139,855 Eastern Company common shares in direct ownership.
What is The Eastern Company Director's Fee Program mentioned in the filing?
The filing states that the 1,435 shares were acquired under The Eastern Company Director's Fee Program, which provides shares in lieu of director fees.
Was the Eastern Company (EML) insider transaction an open-market purchase?
The disclosure explains that the 1,435 shares were issued under a director fee program, not described as a standard open-market purchase.
How was the number of Eastern Company (EML) shares determined for this director grant?
The number of shares was calculated using the share price on December 15, 2025, as noted in the explanation of responses.