DiSanto Frederick D. 4
4 · EASTERN CO · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Eastern Co (EML) Director Frederick DiSanto Receives 1,065-Share Award
What Happened
- Frederick D. DiSanto, a director of Eastern Company (EML), received 1,065 shares as an award under the company's Director's Fee Program on March 16, 2026. The shares were valued at $20.93 each, for a total grant value of approximately $22,290. This was an award/acquisition (code A), i.e., compensation to a director rather than an open-market purchase or sale.
Key Details
- Transaction date: March 16, 2026 (grant issued). Price used to calculate shares: $20.93 (per footnote, based on the March 13, 2026 share price).
- Shares received: 1,065; total value ≈ $22,290.
- Filing: Form 4 filed March 17, 2026 (appears timely, one day after the transaction).
- Post-transaction holdings: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Shares issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d); the share count was set using the March 13, 2026 price.
- F2 & F3: Some shares are owned directly by Ancora Catalyst and Ancora Merlin. Mr. DiSanto may be deemed to beneficially own those holdings solely due to his roles with Ancora entities, but he expressly disclaims beneficial ownership except to the extent of any pecuniary interest.
Context
- This is a routine director compensation award (not a sale), which is common and does not itself indicate the director bought additional stock on the open market. Such awards are typically part of regular board compensation and should be viewed as non-speculative facts rather than a direct signal of insider sentiment.
Insider Transaction Report
Form 4
EASTERN COEML
DiSanto Frederick D.
Director
Transactions
- Award
Common Stock, par value $0.01 per share
[F1]2026-03-16$20.93/sh+1,065$22,290→ 100,855 total
Holdings
- 43,797(indirect: see footnote)
Common Stock, par value $0.01 per share
[F2] - 11,970(indirect: see footnote)
Common Stock, par value $0.01 per share
[F3]
Footnotes (3)
- [F1]1065 Shares issued under The Eastern Company Director's Fee Program pursuant to rule 16b-3(d). The price used to determine the number of shares is the price of the shares on March 13, 2026.
- [F2]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.
- [F3]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.
Signature
Fredrick DiSanto|2026-03-17