Eastman Chemical director granted phantom stock units

Mink Kim Ann reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Mink Kim Ann reported acquisition or exercise transactions in this Form 4 filing.

Eastman Chemical director Kim Ann Mink reported receiving a grant of 1,628 Phantom Stock Units tied to the company’s common stock value at $73.69 per unit. This compensation-related award increases her Phantom Stock Unit balance to 17,280 units. The units are unvested, will vest on May 7, 2026, and are payable only in cash under the Directors' Deferred Compensation Plan. The grant reflects her election to defer the value of an annual non-employee director restricted stock award that otherwise would have been paid in common stock.

Insider Trade Summary

Grant/Award: 1,628 shares

Grant/Award 1 txn

Insider Mink Kim Ann

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	1,628	$73.69	$120K

Holdings After Transaction: Phantom Stock Units — 17,280 contracts (Direct)

Footnotes (2)

1. F1. Unvested Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market value of one share of issuer common stock. The Phantom Stock Units will vest on May 7, 2026, and are payable only in cash.
2. F2. Deferral at election of director of value of annual non-employee director restricted stock award that would otherwise have been paid in common stock.

Key Figures

Phantom Stock Units granted: 1,628 units Per-unit reference value: $73.69 per unit Total Phantom Stock Units after grant: 17,280 units +3 more

6 metrics

Phantom Stock Units granted 1,628 units Grant to director Kim Ann Mink on May 7, 2026 reference date

Per-unit reference value $73.69 per unit Value equal to one Eastman Chemical common share

Total Phantom Stock Units after grant 17,280 units Director’s Phantom Stock Unit balance following transaction

Vesting date May 7, 2026 Vesting for the 1,628 Phantom Stock Units granted

Settlement form Cash only Phantom Stock Units payable solely in cash, not shares

Underlying security shares 1,628 shares Each Phantom Stock Unit tied to one common share value

Key Terms

Phantom Stock Units, Directors' Deferred Compensation Plan, restricted stock award

3 terms

Phantom Stock Units financial

"Unvested Phantom Stock Units credited under the Directors' Deferred Compensation Plan"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Directors' Deferred Compensation Plan financial

"credited under the Directors' Deferred Compensation Plan, each having a value equal"

restricted stock award financial

"Deferral at election of director of value of annual non-employee director restricted stock award"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Eastman Chemical (EMN) director Kim Ann Mink report on this Form 4?

Kim Ann Mink reported receiving 1,628 Phantom Stock Units as a compensation-related grant. These units track Eastman Chemical’s common stock value and represent deferred value from her annual non-employee director restricted stock award under the company’s compensation plan.

How many Phantom Stock Units does Kim Ann Mink hold after this EMN transaction?

After this grant, Kim Ann Mink holds a total of 17,280 Phantom Stock Units. This balance reflects the newly credited 1,628 units added to her existing deferred compensation position linked to Eastman Chemical’s common stock value under the directors’ plan.

When do Kim Ann Mink’s new Phantom Stock Units for EMN vest and how are they settled?

The 1,628 Phantom Stock Units vest on May 7, 2026, and are payable only in cash. Although each unit’s value equals one share of Eastman Chemical common stock, the award does not deliver actual shares, only a cash payment at settlement.

What is the value basis per unit for Kim Ann Mink’s Eastman Chemical Phantom Stock award?

Each Phantom Stock Unit in this grant is valued at $73.69, matching the market value of one Eastman Chemical common share. This per-unit reference price is used to determine the cash value of the deferred compensation credited to the director.

Is this EMN Form 4 transaction an open-market buy or a compensation grant?

This transaction is a compensation grant, not an open-market purchase or sale. The filing classifies it as a grant or award acquisition of Phantom Stock Units, reflecting the director’s deferral of her annual restricted stock award into the deferred compensation plan.

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Accepted by SEC EDGAR 05/11/2026 - 04:26 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mink Kim Ann

(Last) (First) (Middle)

200 S. WILCOX DRIVE

(Street)

KINGSPORT TENNESSEE 37660

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EASTMAN CHEMICAL CO [ EMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	$0(1)	05/07/2026		A		1,628(2)		(1)	(1)	Common Stock	1,628(1)	$73.69(2)	17,280	D

Explanation of Responses:

1. Unvested Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market value of one share of issuer common stock. The Phantom Stock Units will vest on May 7, 2026, and are payable only in cash.

2. Deferral at election of director of value of annual non-employee director restricted stock award that would otherwise have been paid in common stock.

Remarks:

	/s/ Mark D. Austin, by Power of Attorney for Kim Ann Mink	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)