DiSanto Frederick D. 4

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.