secwatch.observer — SEC 8-K summary
======================================

Issuer:     EASTERN CO (EML)
CIK:        0000031107
Form:       8-K
Filed at:   2022-06-29T23:59:59+00:00
Accession:  0001654954-22-008934
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Company appoints Mark Hernandez and Michael Mardy to board, effective July 25, 2022
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31107/000165495422008934/0001654954-22-008934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31107/000165495422008934/eml_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-008934

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer