{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-000388","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2023-01-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.581938+00:00","generated_at":"2026-06-20T15:39:49.825626+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Eastern Company appoints Mark Hernandez as CEO effective Jan 23, 2023; August Vlak resigns","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-000388","json":"https://secwatch.observer/filing/0001654954-23-000388.json","markdown":"https://secwatch.observer/filing/0001654954-23-000388.md","text":"https://secwatch.observer/filing/0001654954-23-000388.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495423000388/0001654954-23-000388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495423000388/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T15:39:49.825626+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"506705a7f5","claim":"August Vlak resigned as Chief Executive Officer at EASTERN CO.","evidence_excerpt":"Mr. Vlak resigned as a member of the Board of Directors of the Company and from all other officer, director, trustee, fiduciary and other positions with the Company and its subsidiaries and affiliates, effective as of January 23, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31107/000165495423000388/0001654954-23-000388-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f896b4643d","claim":"Mark Hernandez was appointed as Chief Executive Officer at EASTERN CO.","evidence_excerpt":"appointed Mark Hernandez, a member of its Board of Directors since June 2022, to serve as the Company’s Chief Executive Officer, effective January 23, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31107/000165495423000388/0001654954-23-000388-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}