Form 4: Eastern Co Director Peggy Scott Acquires Shares Under Director's Fee Program

Director Peggy Scott acquired 648 common shares of Eastern Co under the Director's Fee Program on September 16, 2024.

Summary

• Peggy Scott, a director of Eastern Co, acquired 648 common shares on September 16, 2024.
• The shares were acquired under The Eastern Company Director's Fee Program pursuant to rule 16b-3(d).
• The price used to determine the number of shares was $31.46 on September 13, 2024.
• Following the transaction, Scott directly owns 19,514 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares under a fee program is generally a good sign, but it's a routine transaction.

Positives

• A director's participation in the Director's Fee Program can be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Director share acquisitions are common and often tied to compensation plans or a belief in the company's prospects.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates