---
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"
generated_at: "2026-05-20T09:03:40.267821+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Eastern Company announces workforce reduction expected to save $4M annually

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-006162
- JSON: https://secwatch.observer/filing/0001654954-25-006162.json
- Plain text: https://secwatch.observer/filing/0001654954-25-006162.txt

## Key facts
- Restructurings & Charges
  EASTERN CO announced a restructuring with charges of approximately $1.0 million.
  - Type: restructuring
  - Charge: approximately $1.0 million
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/31107/000165495425006162/0001654954-25-006162-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.