SCHEDULE: Minerva Entities Disclose 8.8% Stake in Eastern Company
Beneficial Ownership Disclosure
Minerva Advisors LLC and related entities, including David P. Cohen, reported an aggregate beneficial ownership of 8.8% of The Eastern Company's common stock.
Summary
- Minerva Advisors LLC, Minerva Group LP, Minerva GP, LP, Minerva GP, Inc., and David P. Cohen collectively reported beneficial ownership of The Eastern Company's common stock.
- David P. Cohen, individually and through the Minerva entities, beneficially owns 531,334 shares, representing 8.8% of the outstanding common stock.
- Minerva Advisors LLC beneficially owns 529,084 shares, representing 8.7% of the outstanding common stock.
- Minerva Group LP, Minerva GP, LP, and Minerva GP, Inc. each beneficially own 337,419 shares, representing 5.6% of the outstanding common stock.
- The beneficial ownership percentages are calculated based on 6,068,650 shares of The Eastern Company's Common Stock outstanding as of September 27, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it is a standard disclosure of beneficial ownership and does not contain specific financial or operational updates, nor does it indicate an activist intent to change control.
Risks
- The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under §§ 240.14a-11.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Schedule 13G filings are routine disclosures by passive investors who acquire more than 5% of a company's stock, indicating a significant, non-controlling stake. This amendment updates the reported ownership position of Minerva entities in The Eastern Company.
Stakeholder Impact
- Shareholders: Increased transparency regarding significant institutional ownership.
Key Dates
| Date | Description |
|---|---|
| 2025-09-27 | Date of Issuer's Quarterly Report on Form 10-Q, reporting 6,068,650 shares outstanding. |
| 2025-12-31 | Date of event which requires the filing of this statement, indicating the reporting period end. |
| 2026-02-10 | Date the Schedule 13G Amendment No. 9 was signed and filed. |
Keywords
The Eastern Company, Minerva Advisors LLC, David P. Cohen, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Ownership, SEC Filing
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.