Welcome to our dedicated page for Eastern Co SEC filings (Ticker: EML), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Eastern Company (NASDAQ: EML) files a range of reports with the U.S. Securities and Exchange Commission that provide detailed insight into its operations as an industrial manufacturer of engineered solutions. On this SEC filings page, you can access Eastern’s Forms 10-K and 10-Q, which include discussions of its industrial businesses, exposure to commercial transportation, logistics, and other industrial markets, and the risk factors and management analysis that shape its financial performance.
Eastern’s Current Reports on Form 8-K are particularly important for tracking material events. Recent 8-K filings have attached press releases announcing quarterly earnings results, where the company discusses sales trends, margins, restructuring charges, and non-GAAP measures such as Adjusted Net Income from Continuing Operations, Adjusted Earnings Per Share from Continuing Operations, and Adjusted EBITDA from Continuing Operations. Other 8-K filings describe significant financing arrangements, including a $100 million five-year senior secured revolving credit facility and the termination of a prior credit agreement.
Through these filings, investors can review the covenants and terms associated with Eastern’s credit facilities, including leverage and interest coverage requirements, and how those arrangements affect the company’s ability to repurchase stock, pay dividends, incur additional debt, or pursue acquisitions. Filings also incorporate the company’s safe harbor statements and detailed risk factor references, covering topics such as raw material costs, supply chain disruptions, overseas operations, competition, environmental compliance, climate-related impacts, geopolitical events, and cyber risks.
Stock Titan enhances this information by providing AI-powered summaries of lengthy documents like 10-K and 10-Q reports, highlighting key sections on operations, liquidity, and risk. Real-time updates from EDGAR allow users to see new 8-Ks, credit agreement disclosures, and other material filings as they are posted. Investors can also monitor executive and director activity through ownership and insider transaction filings such as Form 4, using AI-generated explanations to interpret how these regulatory disclosures relate to Eastern’s broader capital allocation and governance practices.
The Eastern Company (EML) insider activity: Director and 10% owner James A. Mitarotonda reported open‑market purchases of common shares. On 11/12/2025, an indirect account bought 1,467 shares at $19.5436. On 11/13/2025, the same indirect account bought 933 shares at $19.7859.
Following these transactions, indirect holdings stood at 632,500 shares through Barington Companies Equity Partners, L.P., and direct holdings were 40,955 shares. The filing notes the reporting person disclaims beneficial ownership of indirectly held securities except to the extent of any pecuniary interest.
The Eastern Company filed a current report to furnish its third quarter 2025 earnings information. The company released its Q3 2025 results on November 4, 2025 and attached the related earnings press release as an exhibit. The report presents this earnings update under items addressing results of operations and Regulation FD disclosure.
The Eastern Company (EML) reported weaker Q3 2025 results. Net sales were $55.3 million versus $71.3 million a year ago, and diluted EPS from continuing operations was $0.10 versus $0.75. Operating profit fell to $1.7 million from $6.8 million as gross margin declined to 22.3% from 25.5%, reflecting lower volumes and higher raw material costs tied to a mirror project.
For the first nine months of 2025, net sales were $191.4 million versus $206.1 million, with diluted EPS from continuing operations of $0.78 versus $1.87. Management cited decreased shipments of returnable transport packaging and truck mirror assemblies as key drivers. Backlog was $74.3 million as of September 27, 2025, down from $97.2 million a year earlier.
The company ended the quarter with $9.2 million in cash and $35.3 million of total debt (including current portion). It repurchased 36,413 shares in Q3 at an average price of $23.38 under a 400,000‑share authorization. After quarter‑end, EML entered a new $100 million five‑year revolving credit facility with Citizens Bank; $64 million was available as of filing.
The Eastern Company (EML) entered a new senior secured revolving credit facility with Citizens Bank and a lender group. The agreement provides a $100 million, five-year revolver maturing on October 28, 2030, including sublimits of $5 million for letters of credit and $5 million for swing line loans. The facility includes an accordion permitting up to an additional $75 million, if lenders agree.
Borrowings accrue interest at the Company’s election as SOFR Loans with a margin of 1.375%–2.125%, ABR Loans with a margin of 0.375%–1.125%, or Daily SOFR Loans with a margin of 1.375%–2.125%. The current margin for SOFR Loans is 1.375%. An unused commitment fee of 0.200%–0.275% applies; the current fee is 0.200%. Key covenants include a Senior Net Leverage Ratio ≤ 3.50x (step-up to 4.00x upon a material acquisition) and an interest coverage ratio ≥ 3.00x.
Subsidiaries guarantee the obligations, and substantially all Company and guarantor assets secure the facility. EML terminated its prior credit agreement on closing using proceeds from the new facility and incurred no early termination penalties.
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.
John W. Everets, a director of The Eastern Company (EML), reported acquiring 1,122 common shares under the company’s Director's Fee Program on a 09/17/2025 Form 4 filing. The number of shares was determined using the September 15, 2025 share price and the transaction is recorded at $24.98 per share. After the issuance, Mr. Everets beneficially owns 138,420 shares in a direct capacity. The filing is a routine Section 16 disclosure showing compensation-paid-in-equity to a director.
Michael J. Mardy, a director of The Eastern Company (EML), acquired 921 common shares under the company's Director's Fee Program on 09/17/2025 at an implied price of $24.98 per share (price used was from 09/15/2025). After the transaction he beneficially owned 15,789 shares, reported as direct ownership.
The transaction was filed on Form 4 and is described as shares issued in lieu of cash compensation pursuant to Rule 16b-3(d). The form is a routine Section 16 filing disclosing insider compensation received in equity.
James A. Mitarotonda, a director of Eastern Co. (EML), reported acquiring 1,438 common shares on 09/17/2025 at an implied price of $24.98 under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d). Following the reported transaction, he directly beneficially owns 40,955 shares. He also reports indirect beneficial ownership of 630,100 shares through Barington Companies Equity Partners L.P., via a chain of entities described in the filing. The filing includes a customary disclaimer that he disclaims beneficial ownership except for pecuniary interests. The form is signed and dated 09/17/2025.
Charles W. Henry, a director of Eastern Co. (EML), received 829 common shares as compensation under the company's Director's Fee Program. The transaction is reported with a transaction date of 09/17/2025 and used a share price of $24.98 (price referenced from 09/15/2025) to determine the number of shares issued.
Following this issuance, Mr. Henry beneficially owns 77,146 shares directly and holds an additional 1,000 shares each indirectly through the Donald W. Henry Trust and the Jean V.S. Henry Trust, for which he is beneficiary and trustee. The Form 4 was filed as an individual reporting person.
Peggy Scott, a director of The Eastern Company (EML), acquired 892 common shares under the company's Director's Fee Program at an implied price of $24.98 per share, increasing her direct holdings to 22,882 shares. The transaction is reported as a non-derivative acquisition and was executed under the procedures described by Rule 16b-3(d). The filing indicates the price used to calculate the share award was the market price on September 15, 2025.
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