DiSanto Frederick D. 4

What Happened
Frederick D. DiSanto, a director of Eastern Company (EML), acquired a total of 2,068 common shares in two transactions: a 1,068-share award under the company’s Director's Fee Program on 2026-06-15 (valued at $21.40/share, $22,855) and an open-market purchase of 1,000 shares on 2026-06-16 at $21.25/share ($21,250). Combined, the transactions represent an acquisition of approximately $44,105. Both transactions are purchases (one compensation award, one market purchase), which are routine forms of insider acquisition.

Key Details

• Transaction dates and prices:
  • 2026-06-15: Award (A) — 1,068 shares at $21.40 each; total $22,855. (F3: issued under Eastern’s Director's Fee Program; price used was the June 15, 2026 share price.)
  • 2026-06-16: Open-market purchase (P) — 1,000 shares at $21.25 each; total $21,250.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F3: Director fee issuance pursuant to Rule 16b-3(d); number of shares determined using the June 15, 2026 price.
  • F1 & F2: Certain shares are owned by Ancora entities (Ancora Catalyst and Ancora Merlin). Mr. DiSanto may be deemed to beneficially own those shares solely due to his roles in Ancora Holdings’ structure but expressly disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Form 4 was filed on 2026-06-17 for transactions on 2026-06-15 and 2026-06-16, which appears to meet the SEC’s typical two-business-day filing window.

Context: The 1,068-share transaction is compensation-related (director fee award) and not a market signal by itself; the separate 1,000-share open-market purchase is a direct buy by the director. All information is based on the Form 4 filing; no motives or future expectations are stated.