EVERETS JOHN 4

What Happened

• John Everets (listed as EVERETS JOHN), a director of Eastern Company (EML), acquired 1,339 shares on March 16, 2026. The transaction is reported as a purchase at $20.93 per share, for a total value of about $28,025.
• The filing indicates the shares were issued under The Eastern Company Director's Fee Program rather than a cash payment; the number of shares was determined using the share price on March 13, 2026.

Key Details

• Transaction date: 2026-03-16; Report filed: 2026-03-17 (timely).
• Transaction type/code: Purchase (P) — issuance under director fee program pursuant to Rule 16b-3(d).
• Price per share: $20.93; Shares acquired: 1,339; Approximate value: $28,025.
• Shares owned after transaction: Not reported in the Form 4 filing.
• Footnote: F1 notes the shares were issued under the Director's Fee Program and the share count was calculated using the March 13, 2026 share price.
• Filing timeliness: Report appears timely (filed the next day).

Context

• This was an acquisition via a director compensation program (issuance in lieu of fees), which is common for board members and not the same as an open-market investment decision. Such purchases are informative but reflect compensation elections as well as ownership.