BARINGTON COMPANIES MANAGEMENT, LLC 4

What Happened
James A. Mitarotonda, a 10% owner of Eastern Co. (EML), made two purchases of common stock in early June 2026. On 2026-06-04 he bought 1,922 shares at $21.58 each ($41,471), and on 2026-06-05 he bought 3,736 shares at $21.73 each ($81,171), for a combined 5,658 shares costing $122,642. These were purchases (transaction code P), which are commonly viewed as a more informative (bullish) signal than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-06-04: 1,922 shares @ $21.58 = $41,471
  • 2026-06-05: 3,736 shares @ $21.73 = $81,171
• Total acquired: 5,658 shares for $122,642.
• Filing: Form 4 filed 2026-06-08 (timely relative to the reported trade dates).
• Shares owned after the transactions: Not specified in the filing.
• Footnotes of note:
  • F1: Mitarotonda is sole stockholder/director of LNA Capital Corp.; LNA and related entities are tied into Barington investment groups that hold interests in the company.
  • F2: The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.

Context
These were open-market purchases (no options exercised, awards, or gifts). As a reported 10% owner with related investment entities noted in the filing, this purchase reflects activity by a significant stakeholder rather than necessarily an executive’s routine compensation-related trade. The filing contains factual transaction and entity-relationship disclosures but does not explain motivation.