Eastman Chemical SVP shares withheld for taxes
Eastman Chemical Company senior vice president Michelle H. Caveness had 528 shares of common stock withheld on February 18, 2026 to cover tax obligations tied to a performance share payout for the 2023–2025 period.
Rhea-AI Filing Summary
Eastman Chemical Company senior vice president Michelle H. Caveness had 528 shares of common stock withheld on February 18, 2026 to cover tax obligations tied to a performance share payout for the 2023–2025 period.
After this tax-withholding disposition, she directly owned 7,655 shares of Eastman Chemical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 528 shares
Exercise Price or Tax Liability
1 txn
Insider
Caveness Michelle H
Role
SVP & Chf. Mfg. Ofc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 528 | $80.26 | $42K |
Holdings After Transaction:
Common Stock — 7,655 shares (Direct)
Footnotes (1)
- F1. Shares of common stock withheld in payment of tax obligations related to the payout of performance shares for the 2023-2025 performance period.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Eastman Chemical (EMN) report for Michelle H. Caveness?
Eastman Chemical reported that senior vice president Michelle H. Caveness had 528 shares of common stock withheld on February 18, 2026. The shares were used to satisfy tax obligations related to a performance share payout for the 2023–2025 performance period.
Was the Eastman Chemical (EMN) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows a tax-withholding disposition, where 528 shares were withheld to pay tax obligations arising from a performance share payout, rather than shares being sold on the open market for investment purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.