Eastman Chemical CEO granted options and RSUs
Eastman Chemical CEO Mark J. Costa reported equity awards, not open-market trades.
Rhea-AI Filing Summary
Eastman Chemical CEO Mark J. Costa reported equity awards, not open-market trades. He received an employee stock option grant covering 232,559 shares at an exercise price of $0.00 per option. One-third of these options becomes exercisable on February 24, 2027, 2028, and 2029, respectively.
Costa was also granted 31,993 restricted stock units, each representing a contingent right to one share of Eastman Chemical common stock. These restricted stock units are scheduled to vest and pay out in unrestricted shares on February 24, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 232,559 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 31,993 | $0.00 | $0.00 |
Footnotes (3)
- F1. One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively.
- F2. Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
- F3. The restricted stock units will vest and payout in unrestricted shares of Company common stock on the third anniversary of the grant date, February 24, 2029, subject to continued employment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Eastman Chemical (EMN) CEO Mark J. Costa receive?
Are there any stock purchases or sales in this Eastman Chemical (EMN) Form 4?
When do Mark J. Costa’s new Eastman Chemical (EMN) stock options vest?
What are the terms of the restricted stock units granted to the Eastman Chemical (EMN) CEO?
How many derivative securities does Mark J. Costa hold after these Eastman Chemical (EMN) grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.