Eastern Co (EML) Director Reports 892-Share Acquisition via Fee Program

Rhea-AI Filing Summary

Eastern Company (EML) director Frederick D. DiSanto reported an acquisition of 892 shares on 09/15/2025 under the company's director fee program at $24.98 per share, bringing his directly held shares to 89,355. The filing discloses additional indirect holdings: 43,797 shares owned directly by Ancora Catalyst and 11,970 shares owned directly by Ancora Merlin, each of which Mr. DiSanto may be deemed to beneficially own solely due to his executive roles in related entities; he expressly disclaims ownership except to the extent of any pecuniary interest. The Form 4 is a routine Section 16 report documenting this insider acquisition.

Positive

• Director acquired 892 shares under the director fee program, aligning compensation with shareholder interests
• Form 4 discloses indirect holdings through Ancora Catalyst and Ancora Merlin with explicit disclaimers, enhancing transparency
• Transaction reported promptly with full transaction details (date, price $24.98, amount)

Negative

• None.

Insights

Securities Analyst

TL;DR: Director acquired 892 shares via director fee program; filing is routine disclosure with limited market impact.

The transaction is an internal governance matter documenting compensation settled in shares rather than cash. The size—892 shares at $24.98—does not appear material relative to total outstanding shares (not provided), and the filing clarifies indirect holdings through affiliated entities with standard disclaimers. From a compliance perspective, the Form 4 meets Section 16 reporting requirements by disclosing the date, amount, price, and the nature of indirect ownership.

Corporate Governance Specialist

TL;DR: This is a routine insider compensation-to-equity conversion and ownership disclosure with customary related-party notes.

The report shows proper disclosure of shares received under a director fee program and transparent attribution of indirect holdings via Ancora-related entities. The explicit disclaimers about beneficial ownership are standard and limit personal attribution of those shares to DiSanto except for pecuniary interest. No red flags related to late reporting or unusual derivative transactions are present in the provided content.

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).

1. Name and Address of Reporting Person^*

DiSanto Frederick D.

(Last) (First) (Middle)

6060 PARKLAND

SUITE 200

(Street)

CLEVELAND OH 44124

(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)
09/15/2025

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 Stock, par value $0.01 per share	09/15/2025		A		892(1)	A	$24.98	89,355	D
Common Stock, par value $0.01 per share								43,797	I	see footnote(2)
Common Stock, par value $0.01 per share								11,970	I	see footnote(3)

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. Shares acquired under the Eastern Company director's fee program pursuant to rule 16b3(d). The price used to determine the number of shares is the price of the shares on 9/15/2025.

2. Shares owned directly by Ancora Catalyst. Mr. DiSanto, solely by virtue of his position as the Chairman and Chief Executive Officer of Ancora Holdings, the sole member of Ancora Alternatives, the General Partner of Ancora Catalyst, may be deemed to beneficially own the shares owned directly by Ancora Catalyst, for purposes of Section16. Mr. DiSanto expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

3. Shares owned directly by Ancora Merlin. Mr. DiSanto, solely by virtue of his position as the Chairman and Chief Executive Officer of Ancora Holdings, the sole member of Ancora Alternatives, the General Partner of Ancora Merlin, may be deemed to beneficially own the shares owned directly by Ancora Merlin, for purposes of Section16. Mr. DiSanto expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

	Fredrick DiSanto	09/16/2025
	** 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 did Frederick D. DiSanto report on the Form 4 for EML?

He reported an acquisition of 892 shares on 09/15/2025 at a price of $24.98 per share under the director fee program.

How many shares does Mr. DiSanto directly own after the transaction?

Following the reported transaction he directly beneficially owns 89,355 shares.

Does the filing disclose any indirect ownership related to Ancora entities?

Yes. The filing reports 43,797 shares owned by Ancora Catalyst and 11,970 shares owned by Ancora Merlin, which Mr. DiSanto may be deemed to beneficially own solely due to his roles; he disclaims ownership except for pecuniary interest.

When was the earliest transaction date reported?

The transaction date reported is 09/15/2025.

What price was used to determine the number of shares acquired under the director fee program?

The price used was the closing price on 09/15/2025, reported as $24.98 per share.