secwatch.observer — SEC 8-K summary
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Issuer:     EASTERN CO (EML)
CIK:        0000031107
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001654954-26-001779
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Two directors to retire; board size reduced; bylaws amended to lower supermajority and special meeting thresholds
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- Charles W. Henry and Michael J. Mardy will not stand for re-election at the 2026 Annual Meeting and will retire from the Board.
- Board size reduced from 8 to 6 directors, effective at the 2026 Annual Meeting. Retirements not due to any disagreement.
- Shareholder bylaw amendment threshold lowered from 75% supermajority to simple majority.
- Ownership threshold to call a special meeting reduced from 35% to 25%, with new procedural requirements and safeguards.
- Bylaws updated to align with SEC universal proxy rules (Rule 14a-19) and clarify Chairman role is not an officer position.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31107/000165495426001779/0001654954-26-001779-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31107/000165495426001779/eml_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-001779

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