Welcome to our dedicated page for Eastern Co SEC filings (Ticker: EML), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Eastern Company filings document the regulatory record of a Connecticut industrial manufacturer with common stock listed on the Nasdaq Global Market under EML. The disclosures cover operating results and financial condition for its engineered solutions business, including commercial transportation, logistics, and other industrial markets.
Its SEC reports also record governance and capital-structure matters, including annual proxy materials, shareholder voting results, board committee assignments, director elections, executive compensation votes, bylaw amendments, material agreements, and a senior secured revolving credit facility. The filings provide formal exhibits and risk-related context for financing, corporate governance, and public-company reporting obligations.
Eastern Co. insider entities linked to director and 10% owner James A. Mitarotonda reported open-market purchases of the company’s common shares. Barington Companies Equity Partners L.P. bought 3,736 shares at $21.7266 per share and 1,922 shares at $21.5769 per share, for a net purchase of 5,658 shares. Following these transactions, one reporting person holds 44,511 common shares directly, while Barington Companies Equity Partners L.P. is shown with indirect holdings of 650,000 and then 646,264 common shares. The reporting persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.
Eastern Co. director Frederick D. DiSanto reported an open-market purchase of 288 shares of common stock at $21.50 per share. After this buy, he directly holds 101,356 shares. The filing also shows indirect holdings of 11,970 shares by Ancora Catalyst and 43,797 shares by Ancora Merlin, where Mr. DiSanto may be deemed a beneficial owner for Section 16 purposes but expressly disclaims beneficial ownership beyond his pecuniary interest.
Eastern Co. director Frederick D. DiSanto reported buying 213 shares of common stock at $21.5000 per share. This open-market purchase on June 4, 2026 increased his direct holdings to 101,068 shares. The filing also lists 11,970 shares held by Ancora Catalyst and 43,797 shares held by Ancora Merlin, entities with which he is associated, although he expressly disclaims beneficial ownership of those indirect holdings beyond his pecuniary interest.
The Eastern Company is acquiring Sungear and Crown Precision, two California-based aerospace and defense component manufacturers, for $7.85 million in aggregate cash-free, debt-free consideration. The deal establishes a fourth operating platform focused on precision manufacturing alongside Eastern’s existing Eberhard Manufacturing, Velvac, and Big 3 Precision businesses.
The acquisition is fully funded through borrowings under Eastern’s existing revolving credit facility, with substantial remaining liquidity for further development. On a combined basis, Sungear and Crown generated about $22.8 million of revenue in the trailing twelve months ended April 1, 2026. Both companies will retain their current management teams, while Eastern plans to provide financial discipline, strategic guidance, and capital to support capacity, automation, and product development.
The Eastern Company reported weaker first-quarter 2026 results, with lower sales and margins but stronger cash flow. Net sales fell to $59.7 million from $63.3 million, mainly due to reduced demand for returnable transport packaging, partly offset by higher truck mirror assembly sales and price increases.
Gross margin declined to 20.0% from 22.4%, pressured by lower volume, pricing pressure and labor inefficiencies, as well as about $3.1 million of China-related tariffs, of which $2.9 million was mitigated through pricing. Net income from continuing operations dropped to $0.6 million, or $0.11 per diluted share, from $1.9 million, or $0.31, and Adjusted EBITDA from continuing operations declined to $3.0 million from $4.6 million.
Despite softer earnings, operating cash flow improved to $3.5 million from a $1.8 million use a year earlier, helped by inventory reductions. The company ended the quarter with $7.6 million in cash, a current ratio of 3.5, total debt to shareholders’ equity of 26.4%, and $67 million of availability under its $100 million revolving credit facility. Management is pursuing potential tariff refunds but has not recorded any related benefit.
The Eastern Company reported first-quarter 2026 net sales of $59.7 million, down 5.7% from a year earlier, as softer demand for returnable transport packaging offset higher truck mirror sales. Gross margin fell to 20.0% from 22.4% on lower volume, pricing pressure, and labor inefficiencies.
Net income from continuing operations declined to $0.6 million, or $0.11 per diluted share, compared with $1.9 million, or $0.31 per share, in 2025. Adjusted EBITDA from continuing operations was $3.0 million versus $4.6 million, a decrease of about 35%, with management citing unfavorably priced racks contracts that are expected to be largely resolved by the end of the second quarter.
Backlog was $82.2 million as of April 4, 2026, up from $81.1 million at the start of the year, reflecting stronger order conversion. The company reduced total debt by $1.0 million, repurchased 21,120 shares, and generated $3.5 million of operating cash flow, supporting its focus on deleveraging and selective capital returns.
The Eastern Company announced updated board committee assignments, approved by its Board of Directors on May 6, 2026 and effective immediately following the 2026 Annual Meeting of Shareholders.
Peggy B. Scott will chair the Audit and Environmental Health & Safety Committees, Frederick DiSanto will chair the Compensation and Nominating and Corporate Governance Committees, and John W. Everets will chair the Capital Allocation and Investment Committee.
The Eastern Company reported voting results from its 2026 Annual Meeting of Shareholders held on May 6, 2026. Shareholders elected six directors — Frederick D. DiSanto, John W. Everets, Chan Galbato, James Mitarotonda, Peggy B. Scott, and Ryan A. Schroeder — each for a one-year term expiring in 2027.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers and ratified the appointment of Fiondella, Milone & LaSaracina LLP as the independent registered public accounting firm for the 2026 fiscal year.
The Eastern Company reported fiscal 2025 results showing resilience amid weak end markets. Net sales were $249.0 million and net income from continuing operations was $6.0 million ($0.98 per diluted share). Adjusted EBITDA was $19.4 million and cash flow from continuing operations was $8.9 million.
The company reduced outstanding debt by $8.7 million, finished with a net leverage ratio of 1.59x, repurchased 153,663 shares (over 2.5% of outstanding shares), and returned approximately $2.7 million in dividends. Backlog was $81.1 million as of January 3, 2026. Management highlights restructuring savings of approximately $4.0 million annualized and tariff exposure mitigation of about $10.0 million.
The Eastern Company is asking shareholders to vote at its 2026 virtual annual meeting on May 6, 2026. Holders of 6,036,390 common shares as of March 9, 2026 can elect six directors, approve advisory executive pay and ratify Fiondella, Milone & LaSaracina LLP as auditor.
The proxy highlights refreshed governance, including reducing the Board from eight to six members, disbanding the Executive Committee, updated committee charters and codes of ethics, and a strong focus on risk oversight, safety and shareholder engagement. Executive pay is heavily performance-based; 2025 bonuses and several performance equity awards did not vest because financial targets were not met.