Form 4: Eastern Co Director Acquires Shares Under Fee Program

Director Frederick D. DiSanto acquired 837 shares of Eastern Co stock under the company's director's fee program on March 14, 2025.

Summary

• On March 14, 2025, Frederick D. DiSanto, a director of Eastern Co, acquired 837 shares of common stock at a price of $26.62 per share.
• The acquisition was made under the Eastern Company director's fee program, as per rule 16b3(d).
• Following the transaction, Mr. DiSanto directly owns 69,685 shares.
• Mr. DiSanto also has indirect ownership of 43,797 shares through Ancora Catalyst Fund LP and 11,970 shares through Ancora Merlin Fund LP, due to his position as Chairman and CEO of Ancora Alternatives LLC, the General Partner of the Funds.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction (director share acquisition) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The director's participation in the fee program demonstrates confidence in the company.

Industry Context

Directors often receive shares as part of their compensation, aligning their interests with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates