{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-014418","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.611940+00:00","generated_at":"2026-06-08T02:51:22.668559+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Eastern Company amends CEO employment agreement to enhance severance benefits","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-014418","json":"https://secwatch.observer/filing/0001654954-23-014418.json","markdown":"https://secwatch.observer/filing/0001654954-23-014418.md","text":"https://secwatch.observer/filing/0001654954-23-014418.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495423014418/0001654954-23-014418-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495423014418/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:51:22.668559+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}