DiSanto Frederick D. 4
4 · EASTERN CO · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Eastern Co (EML) Director Frederick DiSanto Buys 288 Shares
What Happened
Frederick D. DiSanto, a director of Eastern Co (EML), made an open-market purchase of 288 shares on 2026-06-05 at $21.50 per share, for a total cash outlay of $6,192. This was a straightforward purchase (transaction code P), which is generally seen as a direct investment in the company rather than a sale or option exercise.
Key Details
- Transaction date: 2026-06-05
- Transaction type: Open-market purchase (Code P)
- Price and amount: 288 shares at $21.50 each; total value $6,192
- Filing date: Form 4 filed 2026-06-08 — appears to be timely (within the standard two-business-day window)
- Shares owned after transaction: Not specified in the provided filing details
- Notable footnotes:
- F1/F2: Certain shares are owned directly by Ancora Catalyst and Ancora Merlin. Mr. DiSanto, by virtue of his roles at Ancora Holdings (through Ancora Alternatives), may be deemed to beneficially own those institutional holdings for Section 16 purposes but expressly disclaims beneficial ownership except to the extent of any pecuniary interest.
Context
This was a small open-market purchase by a board member rather than an institutional block trade or option exercise. Purchases by insiders can be viewed as a modest positive signal, but the size here ($6.2k) is relatively small; retail investors should weigh it alongside other filings and company fundamentals.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01 per share
2026-06-05$21.50/sh+288$6,192→ 101,356 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.