{"filings":[{"id":788796,"accession_number":"0001654954-26-005609","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2026-06-02T13:08:28+00:00","items":["7.01","9.01"],"status":"ready","headline":"Eastern Company acquires Sungear and Crown Precision for $7.85M, establishing fourth platform","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired all equity of Sungear and Crown Precision for $7.85M on a cash-free, debt-free basis.","Combined trailing-12-month revenue through April 1, 2026 was approximately $22.8M.","Transaction funded under Eastern's existing revolving credit facility with Citizens Bank.","Acquired businesses will continue with existing management under Eastern's decentralized model.","New aerospace/defense platform complements existing Eberhard, Velvac, and Big 3 Precision units."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":41081,"accession_number":"0001654954-26-004737","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2026-05-12T20:26:43+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Co. Q1 net sales $59.7M, net income $0.6M; racks business drag contained to H1 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $59.7M (-5.7% YoY); net income $0.6M ($0.11 diluted EPS) vs $1.9M ($0.31) YoY.","Adjusted EBITDA $3.0M, down ~35% YoY on lower volume, pricing pressures, and labor inefficiencies.","Gross margin 20.0% vs 22.4% YoY; unfavorable rack contracts impacted results, expected to resolve by Q2 2026.","Backlog $82.2M; sequential revenue growth from Q4 2025; demand recovery intact per CEO.","Balance sheet: $1.0M debt reduction, $422K share repurchases, ~$67M revolver available."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":59676538.0,"consensus_period":"2027-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97897,"accession_number":"0001654954-26-004555","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2026-05-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Eastern Company discloses routine committee assignments after 2026 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Board approved committee rosters for Audit, Compensation, Nominating, Capital Allocation, and Environmental Health & Safety.","Peggy B. Scott chairs Audit and Environmental Health & Safety Committees; Frederick DiSanto chairs Compensation and Nominating Committees.","No changes to officer roles, financial results, or business strategy were reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97896,"accession_number":"0001654954-26-004552","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2026-05-08T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Eastern Company shareholders elect all six director nominees, approve say-on-pay and auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected; Ryan A. Schroeder received 535,402 against votes (11.6% of cast).","Advisory vote on executive compensation approved: 4,502,006 for, 101,751 against.","Ratification of Fiondella, Milone & LaSaracina LLP as independent auditor for 2026 approved: 5,419,010 for, 120,397 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113086,"accession_number":"0001654954-26-001845","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q4 sales down 13.7% to $57.5M; FY net income falls 57%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 EPS $0.19 ($0.31 adjusted); FY EPS $0.98 ($1.37 adjusted); sales $249M (-9% YoY).","Cost restructuring generated $4M in annual savings; tariff mitigation offset ~$10M impact.","New $100M credit facility; debt reduced $8.7M; $3.7M stock repurchases, $2.7M dividends paid.","Backlog fell 10.5% to $81.1M; heavy-duty truck and auto markets remain weak.","Management sees early signs of truck market stabilization and new automotive launches."],"consensus_eps_estimate":null,"consensus_eps_actual":1.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":248970345.0,"consensus_period":"2026-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113084,"accession_number":"0001654954-26-001847","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K/A","filed_at":"2026-03-03T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"The Eastern Company Amends Bylaws, Enhances Shareholder Rights; Two Directors Retire","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Directors Charles W. Henry and Michael J. Mardy will not stand for re-election at the 2026 Annual Meeting and will retire.","Board size to be reduced from eight to six directors, effective at the Annual Meeting.","Shareholder vote required to amend bylaws lowered from 75% supermajority to simple majority.","Ownership threshold to call a special meeting reduced from 35% to 25% with new procedural safeguards.","Notice window for shareholder proposals and director nominations set to 90–120 days before anniversary of prior annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113085,"accession_number":"0001654954-26-001779","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2026-03-02T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"Two directors to retire; board size reduced; bylaws amended to lower supermajority and special meeting thresholds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Charles W. Henry and Michael J. Mardy will not stand for re-election at the 2026 Annual Meeting and will retire from the Board.","Board size reduced from 8 to 6 directors, effective at the 2026 Annual Meeting. Retirements not due to any disagreement.","Shareholder bylaw amendment threshold lowered from 75% supermajority to simple majority.","Ownership threshold to call a special meeting reduced from 35% to 25%, with new procedural requirements and safeguards.","Bylaws updated to align with SEC universal proxy rules (Rule 14a-19) and clarify Chairman role is not an officer position."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129491,"accession_number":"0001654954-25-012584","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Q3 sales down 22% to $55.3M; EPS $0.10 vs $0.75; new $100M credit facility","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales fell 22% YoY to $55.3M; net income of $0.6M ($0.10 diluted) vs $4.7M ($0.75) in Q3 2024.","Adjusted EPS from continuing ops was $0.13; adjusted EBITDA of $3.5M vs $8.7M a year ago.","New $100M revolving credit facility closed post-quarter to support growth initiatives.","Restructuring charges of $2.2M in Q2/Q3 due to workforce optimization amid heavy-duty truck downturn.","Year-to-date debt reduction of $7.0M and $3.0M in stock buybacks (118,000 shares)."],"consensus_eps_estimate":0.7777,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":191437750.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129490,"accession_number":"0001654954-25-012528","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"The Eastern Company enters $100M revolving credit facility with Citizens Bank, repays prior TD Bank facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $100M five-year senior secured revolving credit facility with $75M accordion feature, maturing October 28, 2030.","Borrowed $36M at closing to repay and terminate prior $60M term loan / $50M revolver with TD Bank (June 2023).","Pricing at SOFR plus 1.375%-2.125% margin based on Senior Net Leverage Ratio; current margin 1.375%.","Financial covenants: Senior Net Leverage Ratio ≤ 3.50x (step-up to 4.00x for acquisitions) and Interest Coverage ≥ 3.00x.","Commitment fee on unused portion ranges from 0.200% to 0.275%, currently 0.200%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146051,"accession_number":"0001654954-25-009066","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Q2 revenue down 3% to $70.2M; EPS $0.33 from $0.65; restructuring charges $1.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $2.0M ($0.33 diluted EPS) vs $4.1M ($0.65) in Q2 2024; adjusted EPS $0.57 vs $0.65.","Net sales $70.2M, down 3% YoY; gross margin fell to 23.3% from 25.4% due to raw material costs.","Restructuring charges of $1.8M expected to yield ~$4M in annual cash cost savings starting 2026.","Year-to-date debt reduction of $5.9M and stock repurchases of ~82,000 shares for $2.1M.","Company expanded USPS mail truck program; Eberhard supplying products for new fleet."],"consensus_eps_estimate":0.5454,"consensus_eps_actual":0.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":136101298.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164360,"accession_number":"0001654954-25-006162","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["2.05","9.01"],"status":"ready","headline":"Eastern Company announces workforce reduction expected to save $4M annually","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reduction in force committed May 28, 2025; expected completion in Q2 2025.","Estimated $1.0M in charges (severance, contract termination) mostly in Q2 2025.","Annual operating cost reduction of approximately $4.0M.","Cash payments for severance and contract termination to be paid primarily in Q2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164359,"accession_number":"0001654954-25-005146","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Q1 net sales down 2% to $63.3M; EPS $0.31; new 400K share buyback authorized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops $63.3M (down 2% YoY); diluted EPS $0.31 vs $0.34.","Adjusted EBITDA from continuing ops $4.6M, down from $4.8M in Q1 2024.","Gross margin fell to 22.4% from 23.9% due to higher raw material costs.","Completed sale of Big 3 Mold's ISBM business on April 30, 2025.","Completed 200K-share buyback; Board authorized new 400K-share repurchase program (through May 2030)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":63312774.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164358,"accession_number":"0001654954-25-005145","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Eastern Company announces committee assignments effective May 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board assigned committees: Executive, Audit, Compensation, Nominating, Capital Allocation, Environmental Health & Safety.","James Mitarotonda chairs Executive Committee; Michael Mardy chairs Audit Committee.","Fredrick DiSanto chairs Compensation Committee; Charles W. Henry chairs Nominating and Corporate Governance.","John Everets chairs Capital Allocation and Investment Committee; Peggy B. Scott chairs Environmental Health & Safety."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164357,"accession_number":"0001654954-25-005083","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-05-05T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Eastern Company appoints Chan W. Galbato to board of directors, effective May 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chan W. Galbato elected to Board effective May 1, 2025, increasing board size to 8.","Galbato has no material relationship with the Company and is deemed independent under Nasdaq rules.","He will serve on Audit Committee and Capital Allocation & Investment Committee.","Galbato is Senior Advisor to Barington Capital and former executive at Cerberus, NFI Group, and GE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164356,"accession_number":"0001654954-25-004992","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Eastern Company annual meeting elects all 7 directors, approves say-on-pay and auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Fredrick DiSanto, John Everets, Charles Henry, James Mitarotonda, Peggy Scott, Michael Mardy, and Ryan Schroeder elected as directors for 2026.","Non-binding advisory vote on executive compensation passed: 3.75M for, 1.12M against, 46,649 abstain.","Ratification of Fiondella, Milone & LaSaracina LLP as independent auditor approved: 5.48M for, 127k against.","All director nominees received majority support; Charles Henry received the lowest 'for' votes at 3.97M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164355,"accession_number":"0001654954-25-004078","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-04-09T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Eastern Company amends credit agreement, ups revolving commitment to $50M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving commitment increased to $50M from $30M; incremental commitments reduced to $55M from $75M.","General investments basket raised to $25M from $10M, subject to gross leverage ratio and business-type limits.","Capital lease indebtedness basket raised to $15M from $10M.","Amendment dated April 4, 2025, with TD Bank as administrative agent and lenders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182118,"accession_number":"0001654954-25-002609","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q4 net income $1.6M vs $3.9M; FY2024 net income up 12% to $13.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales +4.5% to $66.7M; net income $1.6M ($0.26/diluted) vs $3.9M ($0.63) in Q4 2023.","FY2024 net sales $272.8M (+5% YoY); net income $13.2M ($2.13/diluted) vs $11.8M ($1.88) in 2023.","Adjusted EBITDA from cont. ops FY2024 $27.1M vs $25.4M; backlog $89.2M vs $77.1M.","Gross margin in Q4 fell to 23.0% from 26.8% due to higher material costs and non-recurring LIFO adjustment.","CEO Schroeder (joined Nov 2024) appointed new presidents at two of three businesses; focus on faster execution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198769,"accession_number":"0001214659-24-018628","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-11-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"CEO Mark Hernandez resigns; Ryan Schroeder appointed CEO effective Nov 6, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hernandez received $530,500 base salary severance paid over 12 months, plus $140,787 bonus, 14,800 stock units vest, and $47,206 vacation payout.","New CEO Ryan Schroeder will receive $475,000 base salary, STIP target 75% of base, LTIP target 75% of base.","Schroeder previously served as CEO at Plaskolite LLC and President Americas at IMI Norgren.","Hernandez resigned from Board and all positions; no disagreement cited.","Separation agreement includes 12-month non-compete and non-solicitation covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198768,"accession_number":"0001654954-24-013766","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q3 net sales up 15% to $71.3M, EPS $0.75 (+36%); names new CEO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops $71.3M, up 15% YoY; gross margin 25.5% vs 24.9%.","EPS from continuing ops $0.75 diluted, up 36% YoY from $0.55; adjusted EBITDA $8.7M vs $6.7M.","Big 3 Mold business classified as discontinued ops with $23.1M write-down and $0.8M operating loss.","Ryan Schroeder named CEO effective Nov 6, replacing Mark Hernandez; previously CEO at Plaskolite LLC.","Backlog increased 13% to $97.2M from $86.2M; demand up for truck mirror assemblies and packaging."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":206068490.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214799,"accession_number":"0001654954-24-010037","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q2 net income rises to $3.5M ($0.56/diluted) from $1.4M; backlog up 43% to $107.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $3.5M ($0.56 diluted) vs $1.4M ($0.22) in Q2 2023; adjusted net income $3.5M ($0.56) vs $2.5M ($0.40).","Revenue $73.2M (+7% YoY); gross margin improved to 25% from 22%.","Backlog increased 43% to $107.3M from $75.3M, driven by truck mirror assemblies and returnable packaging.","Adjusted EBITDA $7.2M vs $5.9M in prior year quarter; six-month adj EBITDA $12.4M.","Company notes softening in commercial vehicle and EV programs affecting custom packaging demand, but highlights operational improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":0.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":141080976.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233948,"accession_number":"0001654954-24-006443","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Eastern Company adopts new performance-based equity award agreements for executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Compensation Committee adopted new forms of performance-based stock award and non-qualified stock option agreements effective May 15, 2024.","Stock awards now tied to EBITDA, return on invested capital, and relative TSR multiplier; time-based vesting eliminated.","Option awards also subject to similar performance criteria under the new form.","Agreements used for all executive officer grants under the 2020 Stock Incentive Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233947,"accession_number":"0001654954-24-005779","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Q1 net income triples to $1.9M; gross margin up to 24%; backlog rises 35%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $67.9M (-6% YoY); GAAP EPS $0.31 vs $0.10; adjusted EPS $0.31 vs $0.36.","Gross margin 24% vs 21%; backlog $97.4M (+35% YoY, +22% from Dec 2023).","Long-term debt reduced to $43.1M; leverage ratio 1.40; inventory down $3.5M from year-end.","Adjusted EBITDA $5.2M vs $5.5M; prior year had $1.8M severance & $0.4M Greenwald impact.","CEO cites distributor destocking nearly complete; focus on cost reduction and M&A."],"consensus_eps_estimate":null,"consensus_eps_actual":0.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":67929087.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233946,"accession_number":"0001654954-24-005084","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-04-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Eastern Co. reports annual meeting results; all director nominees elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Fredrick D. DiSanto elected with 4,825,034 votes for, 66,560 against, 91,481 abstain.","Charles W. Henry received 4,374,085 votes for, 495,504 against, 113,486 abstain.","Non-binding advisory vote on executive compensation passed with 4,833,148 for, 121,189 against.","Ratification of Fiondella, Milone & LaSaracina LLP as auditor for FY 2024 approved with 5,580,535 for.","All seven director nominees elected to one-year terms expiring in 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251925,"accession_number":"0001654954-24-003007","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2024-03-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q4 net income jumps to $0.56 EPS; full year net income down 22%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $67.0M (-3% YoY); gross margin improved to 26.8% from 16.6%.","Q4 diluted EPS $0.56 vs $0.03; adjusted diluted EPS $0.56 vs $0.11.","Full year net income $8.6M ($1.37 EPS) vs $11.1M ($1.77 EPS); adjusted EPS $1.81 flat.","Operating cash flow $26.5M in 2023; debt reduced by $20.2M; net leverage down to 1.41x.","Backlog up 10.5% to $80.1M; management adds 'One Eastern' supply chain strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269456,"accession_number":"0001654954-23-014491","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-11-16T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Q3 sales $65.6M (-8% YoY); EPS $0.49, gross margin 24.9% (seq +270bp)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $65.6M, down 8% from $71.6M in Q3 2022; backlog up 4% YoY to $89.4M.","GAAP diluted EPS from continuing ops $0.49 (sequential +123%); adjusted EPS $0.49 (sequential +23%).","Gross margin improved 270 bps sequentially to 24.9% due to repricing; YoY 25% vs 23%.","Cash from ops nine months up $19.6M; record debt paydown $15.2M YTD.","Senior net leverage 1.85x; management highlights operational transformation progress."],"consensus_eps_estimate":null,"consensus_eps_actual":0.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":206468838.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269455,"accession_number":"0001654954-23-014418","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-11-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Eastern Company amends CEO employment agreement to enhance severance benefits","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended agreement with CEO Mark Hernandez adds payment of estimated annual target bonus on pro-rated basis upon termination without Cause or for Good Reason.","Also provides full vesting of all equity and equity-based awards upon such termination; prior agreement lacked these severance enhancements.","Other terms unchanged: base salary $515,000, target bonus 100% of base, eligibility for equity grants; agreement effective November 14, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286427,"accession_number":"0001654954-23-011104","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-08-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Eastern Company announces new share repurchase program of up to 200,000 shares through 2028","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized repurchase of up to 200,000 shares through August 20, 2028.","Program may use open market or structured repurchase agreements with third parties.","Previous program (May 2018 – May 2023) had 140,000 of 200,000 shares repurchased.","Chairman stated program aims to return value and minimize dilution from equity compensation.","CEO emphasized commitment to shareholder returns as part of long-term growth strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286426,"accession_number":"0001654954-23-010296","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q2 net income falls to $1.4M from $3.7M; cash flow improves $16M in H1","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.22 vs $0.59 YoY; adjusted diluted EPS $0.40 vs $0.59.","Net sales $68.3M, down 2% from $69.5M; gross margin 22% (up 1% sequentially).","Closed Associated Toolmakers (cost $1.4M); acquired Sureflex assets for Velvac.","Cash from ops +$16M YTD; paid $5M debt in Q2; net leverage 1.95x.","Declared $0.11/share regular dividend; 332nd consecutive quarterly dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":140833158.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286425,"accession_number":"0001654954-23-010218","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-08-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company reports Q1 GAAP net income of $0.6M, down 78% YoY despite 5% sales growth","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales rose 5% to $72.5M; GAAP diluted EPS $0.10 vs $0.43; adjusted EPS $0.36 vs $0.46.","Inventory down 11% vs Dec 2022; operating cash flow improved $10.4M to $6.9M source.","Selling/admin expenses up 21% driven by $1.8M severance for CEO/COO departures.","Backlog $72M vs $85.8M prior year; new product launches include electric vehicle components."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":140833158.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286424,"accession_number":"0001654954-23-009089","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-07-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Eastern Company furnishes investor presentation; no new financial data disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["The Eastern Company (EML) furnished an investor presentation on July 12, 2023 under Regulation FD.","The presentation does not include Q2 fiscal 2023 financial results or condition.","Any 2023 estimates or targets reflect previously filed disclosures, not new guidance.","Company undertakes no obligation to update the presentation's information.","No specific financial figures or strategic changes are provided in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306317,"accession_number":"0001654954-23-008179","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-06-20T23:59:59+00:00","items":["1.01","1.02","2.03","8.01","9.01"],"status":"ready","headline":"Eastern Company enters new $90M credit facility, replacing existing $59M term loan facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New 5-year senior secured facility: $60M term loan + $30M revolver; accordion up to $75M; matures June 16, 2028.","Borrowed $60M to retire ~$59M of prior term loan from Santander-led group; prior facility expired Aug 2024.","Initial interest rate SOFR + 237.5 bps; quarterly principal payments: $750K (Sep '23-Jun '25), increasing thereafter.","Expects non-cash after-tax charge ~$0.1M ($0.01/share) in Q2 2023; cash interest after-tax increase ~$0.2M ($0.03/share) in FY2023.","Terminated interest rate swap with Santander, receiving ~$1.6M; new lender group: TD Bank, Wells Fargo, Bank of America, M&T."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306316,"accession_number":"0001654954-23-005515","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-05-01T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Eastern Company to close UK mold tooling facility, record ~$4M Q2 charge","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan to close Associated Tool Makers Ltd. (Farndon, UK) by end of Q3 2023.","Approximately 10 job reductions at the facility; total pre-tax charges $3.5-4.5M.","Cash charges $0.4-0.8M for severance/exit; non-cash charges for accelerated depreciation.","Majority of charges expected in Q2 2023; CEO cites misalignment with profitability goal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306315,"accession_number":"0001654954-23-005227","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-04-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Eastern Company shareholders elect all seven director nominees and approve executive compensation at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected with 3.99M to 4.19M votes for each; Fredrick D. DiSanto received 4,096,786 for.","Non-binding advisory vote on executive compensation passed with 4,178,792 for, 68,435 against.","Frequency of future advisory votes set at 1 year (3,834,827 votes for 1 year).","Ratification of Fiondella, Milone & LaSaracina LLP as auditor for FY2023 approved with 5,441,009 for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325484,"accession_number":"0001654954-23-003528","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-03-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Eastern Company eliminates COO role; CEO Hernandez assumes duties after Woidke departure","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James Woidke resigned as COO effective March 21, 2023; position eliminated April 1, 2023.","CEO Mark Hernandez will take over COO responsibilities effective March 31, 2023.","Woidke to receive severance under Termination Agreement subject to release and waiver.","Company cites cost-cutting and operational streamlining as rationale for restructuring."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325483,"accession_number":"0001654954-23-002849","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q4 net income $0.2M down 95% YoY; full-year net sales up 13% to $279.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops FY22 $279.3M (+13%); Q4 $69.1M (+16%) vs prior year periods.","Net income from continuing ops FY22 $11.1M ($1.77 diluted) down 32%; Q4 $0.2M ($0.03) down 95%.","Divested non-core Argo EMS in Q4 2022; net leverage improved to 2.27x from 2.46x.","Backlog at year-end $72.5M, down 12% from end of 2021 due to program transitions.","Gross margin fell to 21% (FY) from 23% on higher material, freight costs and inventory write-offs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325479,"accession_number":"0001654954-23-001292","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K/A","filed_at":"2023-02-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Eastern Co. discloses CFO Vlahos compensation: $350k base, 50% target bonus, severance terms","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary of $350,000/year; annual target incentive equal to 50% of base salary.","Long-term incentive award equal to 40% of base salary, subject to vesting and performance goals.","Severance: lump sum of base salary plus estimated annual bonus for termination without cause or constructive termination.","Benefits include health/dental, 401(k) with 3% auto + 50% match up to 3%, and insurance coverage.","Severance conditional on 24-month non-compete and release of claims."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325482,"accession_number":"0001654954-23-000845","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-01-26T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CFO Peter O'Hara resigns; Nicholas Vlahos appointed as CFO effective Feb 3, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter O'Hara resigns as VP and CFO effective Feb 3, 2023 to pursue other opportunities.","Nicholas Vlahos, previously VP of Finance, Treasurer and Secretary, appointed as VP and CFO effective same date.","Vlahos joined Eastern in 2017 as Treasurer and served as VP of Finance since 2022.","Compensation for new CFO not yet determined; will be disclosed via amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325481,"accession_number":"0001654954-23-000388","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-01-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Eastern Company appoints Mark Hernandez as CEO effective Jan 23, 2023; August Vlak resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Hernandez named CEO, succeeding August Vlak who served since 2016; effective Jan 23, 2023.","Hernandez receives $515,000 base salary, target bonus 100% of base, and upfront 15,000-share restricted stock award.","Vlak resigns from board and all officer/director positions; departure treated as without cause for severance.","Hernandez previously EVP at Navistar, with prior roles at McKinsey and Daimler; holds Naval Academy degree."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325480,"accession_number":"0001654954-23-000255","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2023-01-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"The Eastern Company appoints Mark Hernandez as CEO effective Jan 23, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Hernandez appointed CEO, succeeding August Vlak who has served since 2016.","Hernandez was a board member and most recently EVP at Navistar (global manufacturing).","Vlak led strategic restructuring and stewardship through recent challenges.","Hernandez plans to focus on organic growth, margin expansion, and shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343224,"accession_number":"0001654954-22-014782","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q3 net sales $71.6M (+12%), EPS $0.72 (+18%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops grew 12% to $71.6M; backlog rose to $85.7M.","Diluted EPS from continuing ops $0.72 vs $0.61; adjusted EBITDA $7.7M vs $7.1M.","Repaid nearly $3M of debt in Q3 and an additional $5M after quarter end.","Divested non-core Argo EMS on Oct 18, completing divestiture of all non-core businesses.","Current ratio improved to 2.9x; 55% of term debt fixed at 3.19% via swap."],"consensus_eps_estimate":null,"consensus_eps_actual":1.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":210191448.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359776,"accession_number":"0001654954-22-012111","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-09-02T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"The Eastern Company ends work stoppage at Eberhard division, reaches new 3-year labor agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Work stoppage at Eberhard Manufacturing Division in Strongsville, OH has ended.","New three-year labor agreement with IAM Local 439 ratified, expires August 28, 2025.","Resolution ends previously disclosed labor disruption; operations expected to normalize."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359775,"accession_number":"0001654954-22-012023","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-08-31T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Eastern Company reports work stoppage at Eberhard Manufacturing after union contract expires","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["IAM Local 439 initiated work stoppage at Eberhard Division in Strongsville, OH following Aug 28 contract expiration.","Eberhard implemented business continuity plans to continue manufacturing and shipments on a limited basis.","Company leadership is engaging with union leadership in good faith to reach a timely resolution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359774,"accession_number":"0001654954-22-010778","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-08-09T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company reports record Q2 net sales of $69.5M; EPS $0.59, up 34% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops rose 14% to $69.5M (Q2 2022 vs Q2 2021); diluted EPS $0.59 vs $0.44.","Backlog at quarter end $82.8M; current ratio improved to 3.0x; repurchased 29,762 shares.","First-half 2022 net income from continuing ops $6.4M (prior $8.4M); adjusted net income $6.6M vs $7.1M.","Growth driven by transport packaging (Big 3 Precision) and new OEM vehicle launches; pricing actions offsetting raw material inflation."],"consensus_eps_estimate":null,"consensus_eps_actual":1.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":138554702.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":359773,"accession_number":"0001654954-22-010173","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K/A","filed_at":"2022-07-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Eastern Company amends 8-K to disclose committee assignments for new directors Hernandez and Mardy","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Hernandez appointed to Nominating and Corporate Governance Committee effective July 25, 2022.","Michael Mardy appointed to Audit Committee effective July 25, 2022.","Both Hernandez and Mardy appointed to Environmental, Health, and Safety Committee effective July 25, 2022.","Board determined both directors are independent with no material relationships with the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":378605,"accession_number":"0001654954-22-008934","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-06-29T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Eastern Company appoints Mark Hernandez and Michael Mardy to board, effective July 25, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board size increased from 7 to 8; Hernandez and Mardy fill existing vacancy and new seat, effective July 25, 2022.","Hernandez is Executive VP at Navistar, former Daimler and McKinsey; brings manufacturing and supply chain expertise.","Mardy serves on boards of Vince Holdings, LuLu's Fashion Lounge, Newman's Own; former CFO of Tumi Holdings.","Both determined to be independent under Nasdaq rules; no material transactions with company.","Will receive standard non-employee director compensation, pro-rated for service period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":378604,"accession_number":"0001654954-22-006366","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-05-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Company Q1 record sales $69M but EPS falls 52% on margin compression","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops record $69.0M, +12% YoY; backlog $85.8M, +23% YoY.","Gross margin 21% vs 25% a year ago; raw material costs rose; price increases start May/June.","Diluted EPS from continuing ops $0.43 vs $0.90; adjusted EPS $0.46 vs $0.69.","Margins squeezed despite sales growth; outlook for H2 may improve as price hikes take effect."],"consensus_eps_estimate":null,"consensus_eps_actual":0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":69014648.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":378603,"accession_number":"0001654954-22-005480","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-04-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Eastern Company annual meeting elects all six directors, say-on-pay and auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected; Peggy B. Scott received 4,531,662 for (98.3% of votes cast).","Non-binding advisory vote on executive compensation passed with 4,493,330 for (97.8% of votes cast).","Ratification of Fiondella, Milone & LaSaracina LLP as independent auditor for FY2022 approved with 5,590,172 for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396878,"accession_number":"0001654954-22-003382","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-03-17T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Eastern Co FY2021 sales +25% to $246.5M; EPS $2.58; CFO Sullivan retiring, O'Hara hired","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales from continuing ops grew 25% to $246.5M; net income +47%; diluted EPS $2.58.","Backlog rose to $82.8M vs $64.7M; gross margin 23% vs 24%.","Unrecovered raw material costs ~$5.5M pre-tax ($0.75/share after-tax).","CFO John Sullivan retiring May 15, 2022; Peter O'Hara appointed CFO effective May 16, 2022; base salary $425K.","Adjusted EPS from continuing ops $2.44, +17% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396877,"accession_number":"0001654954-22-003376","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-03-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Eastern Co FY2021 sales +25% to $246.5M; EPS $2.58; CFO transition announced","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year net sales from continuing operations $246.5M, up 25% YoY; backlog grew to $82.8M from $64.7M.","Diluted EPS from continuing operations $2.58, up 47% YoY; adjusted EPS $2.44, up 17%.","Gross margin 23% (vs 24% in 2020); unrecovered raw material cost increases ~$5.5M pre-tax ($0.75/share after-tax).","CFO John Sullivan III retiring; Peter O'Hara named as successor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":396876,"accession_number":"0001654954-22-003019","cik":31107,"company_name":"EASTERN CO","ticker":"EML","form_type":"8-K","filed_at":"2022-03-11T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Eastern Company amends bylaws to permit remote stockholder meetings and electronic notices","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved amended and restated bylaws on March 11, 2022.","Changes clarify board may allow remote participation at stockholder meetings.","Documents and notices may now be given by electronic transmission.","Amendments align with Connecticut Business Corporation Act updates.","No financial or operational impact disclosed; purely procedural update."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":128036301.4742268,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-03-11T23:59:59+00:00|396876"}