{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-006162","form_type":"8-K","ticker":"EML","cik":"0000031107","company_name":"EASTERN CO","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.912359+00:00","generated_at":"2026-05-20T09:03:40.267821+00:00","sec_items":["2.05","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Eastern Company announces workforce reduction expected to save $4M annually","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-006162","json":"https://secwatch.observer/filing/0001654954-25-006162.json","markdown":"https://secwatch.observer/filing/0001654954-25-006162.md","text":"https://secwatch.observer/filing/0001654954-25-006162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31107/000165495425006162/0001654954-25-006162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31107/000165495425006162/eml_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T09:03:40.267821+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":"40196d641b351b9fb7dd99ce595dfe0e5d7d4d5b","claim":"EASTERN CO announced a restructuring with charges of approximately $1.0 million.","evidence_excerpt":"In connection with the reduction in force, the Company estimates that it will incur aggregate charges of approximately $1.0 million, which will be recorded primarily in the 2 nd quarter of 2025, related to severance payments and other employee-related costs, and contract termination costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/31107/000165495425006162/0001654954-25-006162-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.0 million"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}