HENRY CHARLES W 4

What Happened

• Director Henry Charles W acquired 989 shares of Eastern Co (EML) on March 16, 2026. The filing reports a per-share price used to determine the issuance of $20.93, giving an aggregate value of roughly $20,700. The shares were issued under the company’s Director’s Fee Program (recorded as a purchase/ acquisition).

Key Details

• Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-17).
• Transaction type/code: P (acquisition/purchase) — 989 shares at $20.93 per share.
• Total value reported: ~$20,700.
• Shares owned after transaction: not specified in the provided filing data.
• Footnotes:
  • F1: Shares were issued under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d); the $20.93 price was the share price on March 13, 2026 used to calculate the number of shares.
  • F2–F3: References to "Donald W. Henry Trust" and "Jean V.S. Henry Trust" — the reporting person is beneficiary and serves as trustee for those trusts.
• Timeliness: Filing appears timely (transaction 3/16/2026; Form 4 filed 3/17/2026).

Context

• These shares were issued as director compensation under a formal fee program rather than purchased on the open market with new personal cash outlay; such issuances are common and reflect routine compensation rather than a direct market-timing trade.