Eastman Chemical (NYSE: EMN) grants options and RSUs to SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gbadegesin Bosede Ikeolu reported acquisition or exercise transactions in this Form 4 filing.
Eastman Chemical Company senior vice president, chief legal officer and corporate secretary Bosede Ikeolu Gbadegesin received equity awards as part of compensation. She was granted employee stock options for 33,223 shares on February 24, 2026, with one‑third becoming exercisable on February 24 of 2027, 2028 and 2029.
She also received 4,571 restricted stock units on the same date. Each unit represents the right to receive one share of common stock, and these RSUs vest and pay out in unrestricted shares on February 24, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gbadegesin Bosede Ikeolu
Role
SVP, CLO & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 33,223 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,571 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 33,223 shares (Direct);
Restricted Stock Units — 4,571 shares (Direct)
Footnotes (1)
- One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. 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
What insider transactions did Eastman Chemical (EMN) report for Bosede Ikeolu Gbadegesin?
Eastman Chemical reported that Bosede Ikeolu Gbadegesin received equity awards, including stock options and restricted stock units, on February 24, 2026. These are compensation-related grants rather than open-market purchases or sales, and they vest over several years according to specified schedules.
How many stock options were granted to the Eastman Chemical (EMN) executive?
Bosede Ikeolu Gbadegesin was granted 33,223 employee stock options on February 24, 2026. One-third of these options become exercisable on February 24 of 2027, 2028, and 2029, creating a three-year vesting schedule tied to ongoing service with Eastman Chemical.
What restricted stock units did the Eastman Chemical (EMN) executive receive?
She received 4,571 restricted stock units on February 24, 2026. Each unit represents a contingent right to one share of Eastman Chemical common stock, with all units scheduled to vest and pay out in unrestricted shares on February 24, 2029, subject to continued employment.
When do the Eastman Chemical (EMN) stock options for Bosede Ikeolu Gbadegesin vest?
Her 33,223 stock options vest in three equal installments. One-third becomes exercisable on February 24, 2027, another third on February 24, 2028, and the final third on February 24, 2029, aligning vesting with multi-year service at Eastman Chemical.
When will the Eastman Chemical (EMN) restricted stock units for this executive vest?
The 4,571 restricted stock units vest and pay out on February 24, 2029. At that time, subject to continued employment, they convert into unrestricted shares of Eastman Chemical common stock, providing long-term, stock-based compensation alignment for the executive.
Is the Form 4 for Eastman Chemical (EMN) a stock sale or a grant to the executive?
The Form 4 reflects grants to the executive, not sales. Bosede Ikeolu Gbadegesin acquired stock options and restricted stock units as part of compensation on February 24, 2026, with vesting conditions rather than immediate cash transactions in the open market.