DiSanto Frederick D. 4
4 · EASTERN CO · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Eastern Co (EML) Director Frederick DiSanto Buys 2,000 Shares
What Happened
Frederick D. DiSanto, a director of Eastern Co (EML), made two open-market purchases: 1,000 shares on 2026-06-11 at $21.25 each ($21,250) and 1,000 shares on 2026-06-12 at $20.96 each ($20,960), for a total of 2,000 shares and $42,210. These were purchases (transaction code P), which investors often view as a more informative/bullish signal than routine sales.
Key Details
- Transaction dates and prices: 2026-06-11 — 1,000 shares @ $21.25; 2026-06-12 — 1,000 shares @ $20.96.
- Total purchased: 2,000 shares for $42,210.
- Filing: Report filed 2026-06-12 for transactions on 2026-06-11–12 — appears timely (filed the next day).
- Shares owned after transaction: Not specified in the provided filing extract.
- Footnotes of note:
- F1: Some shares are owned directly by Ancora Catalyst; Mr. DiSanto, by virtue of his roles in Ancora entities, may be deemed to beneficially own those shares for Section 16 purposes but disclaims beneficial ownership except for any pecuniary interest.
- F2: Same structure/statement for shares owned directly by Ancora Merlin.
- No indications in the extract of option exercises, 10b5-1 plan trades, gifts, or tax-withholding transactions.
Context
This is a modest-sized insider purchase (~$42k total). The filing shows open-market buys rather than option exercises or awards. Note the filing references Ancora-related holdings — these are institutional/entity-held positions that Mr. DiSanto may be deemed to beneficially own solely due to his roles, but he disclaims ownership except for pecuniary interest.
Insider Transaction Report
- Purchase
Common Stock, par value $0.01 per share
2026-06-11$21.25/sh+1,000$21,250→ 102,356 total - Purchase
Common Stock, par value $0.01 per share
2026-06-12$20.96/sh+1,000$20,960→ 103,356 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.