Form 4: Eastern Co. Insider Charles W. Henry Reports Share Transactions
Insider Trading Report
Charles W. Henry, an insider at Eastern Co., reported the acquisition of 4,479 common shares at $30.04 per share on December 11, 2024.
Summary
- Charles W. Henry, an insider at Eastern Co., has reported acquiring 4,479 common shares.
- The shares were purchased at a price of $30.04 each.
- The total value of the transaction was $74,191.
- The transaction occurred on December 11, 2024.
- The shares are held indirectly through the Donald W. Henry Trust and the Jean V.S. Henry Trust, where Charles W. Henry serves as the beneficiary and trustee.
Sentiment
Score: 5
Explanation: The document is a neutral report of insider trading activity, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Insider trading disclosures are a standard practice for publicly listed companies, ensuring transparency and compliance with securities regulations.
- The reporting of share acquisitions by insiders is a common occurrence and is generally viewed as a normal part of corporate governance.
- The transaction size and value are not unusual for insider trading activity.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
- The transaction has no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2024-12-11 | Date of the share acquisition. |
| 2024-12-12 | Date of the report filing. |
Keywords
insider trading, share acquisition, common shares, Eastern Co., Charles W. Henry, trust
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.