{"url_path":"/sec/eml/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS******","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/31107/0001654954-26-004741-index.html","accession_number":"0001654954-26-004741","cik":"0000031107","ticker":"EML","issuer_name":"EASTERN CO","edgar_url":"https://www.sec.gov/Archives/edgar/data/31107/0001654954-26-004741-index.html","primary_entity_key":"0000031107","primary_entity_name":"EASTERN CO"},"word_count":192,"has_tables":true,"body_markdown":"**ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS******\n\n \n\nOn April 30, 2025, the Board approved a share repurchase program authorizing the Company to repurchase up to 400,000 shares of the Company’s common stock over a five-year term expiring in April 2030.  The Company’s share repurchase program does not obligate it to acquire the Company’s common stock at any specific cost per share. Under this program, shares may be repurchased in privately negotiated and/or open market transactions, including under plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.  Below is a summary of the Company’s share repurchases during the first quarter of 2026 under the share repurchase program.\n\n \n\nPeriod\n\n \n\nTotal Number of Shares Purchased\n\n \n\n \n\nAverage Price Paid Per Share\n\n \n\n \n\nTotal Number of Shares Purchased as Part of Publicly Announced Plans or Programs\n\n \n\n \n\nMaximum Number of Shares that may yet be Purchased Under the Plans or Programs\n\n \n\n**January 4, 2026 - February 1, 2026**\n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n296,924\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n**February 2, 2026 - February 28, 2026**\n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n-\n \n\n \n\n \n296,924\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n**March 1, 2026 - April 4, 2026**\n\n \n\n \n21,120\n \n\n \n\n \n20.00\n \n\n \n\n \n21,120\n \n\n \n\n \n275,804\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n**Total**\n\n \n\n \n**21,120**\n \n\n \n**$****20.00**\n \n\n \n\n \n**21,120**\n \n\n \n\n \n**275,804**"}