Eastman Chemical (EMN) director granted 1,628 restricted shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLAGER DONALD W reported acquisition or exercise transactions in this Form 4 filing.
Eastman Chemical Company director Donald W. Slager received an equity grant of 1,628 shares of common stock. This was a grant or award, not an open-market purchase or sale, and carried a price of $0.00 per share as compensation rather than a cash transaction.
The shares are restricted, with restrictions scheduled to lapse on May 7, 2027, subject to conditions tied to his continued service as a director. Following this grant, Slager directly holds a total of 3,303 shares of Eastman Chemical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLAGER DONALD W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,628 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,303 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 1,628 shares
Grant price: $0.00 per share
Holdings after transaction: 3,303 shares
+2 more
5 metrics
Shares granted
1,628 shares
Restricted stock award to director Donald W. Slager
Grant price
$0.00 per share
Equity award, not an open-market purchase
Holdings after transaction
3,303 shares
Direct ownership of Eastman Chemical common stock
Vesting date
May 7, 2027
Restrictions on granted shares lapse, subject to service conditions
Transaction date
May 7, 2026
Date of restricted stock grant
Key Terms
Restricted shares, Restricted Stock Award, Grant, award, or other acquisition
3 terms
Restricted Stock Award financial
"The shares amounts represent the director's annual 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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Eastman Chemical (EMN) director Donald W. Slager report in this Form 4?
Donald W. Slager reported receiving a grant of 1,628 shares of Eastman Chemical common stock. The shares were awarded at a price of $0.00 per share as part of his director compensation, increasing his direct holdings to 3,303 shares after the transaction.
Is the Donald W. Slager Form 4 for EMN a stock purchase or a grant?
The Form 4 for Donald W. Slager reflects a grant or award acquisition, not an open-market stock purchase. He received 1,628 restricted shares at $0.00 per share as part of his annual Restricted Stock Award for serving as a director of Eastman Chemical.
What does the transaction code "A" mean in Donald W. Slager’s EMN Form 4 filing?
The transaction code "A" in Donald W. Slager’s Form 4 indicates a grant, award, or other acquisition. In this case, it represents his annual Restricted Stock Award of 1,628 common shares, received as compensation for board service rather than a market trade.