DiSanto Frederick D. 4
4 · EASTERN CO · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Eastern Co (EML) Director Frederick DiSanto Buys 213 Shares
What Happened Frederick D. DiSanto, a director of Eastern Co (ticker: EML), acquired 213 shares on 2026-06-04 in an open-market/private purchase (transaction code P) at $21.50 per share, for a total cost of $4,580. This was a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-06-04; Filing date: 2026-06-05. No late filing is indicated in the provided data.
- Transaction type/code: P = Purchase (open market or private purchase).
- Shares acquired: 213 at $21.50 each; total = $4,580.
- Shares owned after transaction: Not specified in the excerpt provided.
- Notable footnotes:
- F1/F2 — Some shares are owned directly by entities Ancora Catalyst and Ancora Merlin. Mr. DiSanto, by virtue of his role at Ancora Holdings (through Ancora Alternatives, the general partner), may be deemed to beneficially own those entity-held shares for Section 16 purposes but expressly disclaims beneficial ownership except to the extent of any pecuniary interest.
Context Purchases by insiders can be interpreted as a modest bullish signal because the insider is adding to a position, but this is a relatively small open-market buy ($4.6k) and should be weighed alongside other insider activity and company fundamentals. This filing reports a straightforward purchase; no option exercises, awards, gifts, or tax-withholding transactions are involved.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01 per share
2026-06-04$21.50/sh+213$4,580→ 101,068 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.