DiSanto Frederick D. 4
4 · EASTERN CO · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Eastern Co (EML) Director Frederick DiSanto Buys 1,000 Shares
What Happened Frederick D. DiSanto, a director of Eastern Co (EML), reported an open-market purchase of 1,000 shares on 2026-03-06 at $18.39 per share, for a total reported cash outlay of $18,390. The transaction is coded as a purchase (P) on the Form 4 and represents a direct acquisition of common stock.
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09).
- Transaction type and amount: Open-market purchase (P) of 1,000 shares at $18.39 each; total ≈ $18,390.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnotes:
- F1 — Some shares are owned directly by Ancora Catalyst; DiSanto may be deemed to beneficially own those shares by virtue of his roles at Ancora Holdings/Ancora Alternatives, but he disclaims beneficial ownership except to the extent of any pecuniary interest.
- F2 — Similarly, some shares are owned directly by Ancora Merlin with the same constructive ownership/disclaimer language.
- Filing timeliness: Reported within a few days (transaction dated 3/6/2026; Form 4 filed 3/9/2026); no late filing flag indicated.
Context Purchases by company insiders (directors or executives) are often watched by retail investors as a possible positive signal, but they do not guarantee future performance. The footnotes indicate institutional holdings (Ancora entities) that DiSanto may be deemed to control for reporting purposes; these notes clarify that any deemed ownership is due to his positions at Ancora-affiliated entities and that he disclaims direct beneficial ownership except for any pecuniary interest.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01 per share
2026-03-06$18.39/sh+1,000$18,390→ 99,689 total
- 43,797(indirect: see footnote)
Common Stock, par value $0.01 per share
[F1] - 11,970(indirect: see footnote)
Common Stock, par value $0.01 per share
[F2]
Footnotes (2)
- [F1]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.
- [F2]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.