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Eastman Chemical (EMN) director granted 1,628 restricted shares in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
Restricted shares financial
"Restricted shares, with restrictions lapsing on May 7, 2027, subject to certain conditions related to continued service as a director."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
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""
SEC Form 4
FORM 4UNITED 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*
SLAGER DONALD W

(Last)(First)(Middle)
200 SOUTH 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/07/2026A1,628(1)A$03,303D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted shares, with restrictions lapsing on May 7, 2027, subject to certain conditions related to continued service as a director. The shares amounts represent the director's annual Restricted Stock Award.
Remarks:
/s/ Mark D. Austin, by Power of Attorney for Donald W. Slager05/11/2026
** Signature of Reporting PersonDate
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)

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.

When do the restricted shares granted to Donald W. Slager at Eastman Chemical vest?

The restricted shares granted to Donald W. Slager are scheduled to lapse their restrictions on May 7, 2027. This vesting is subject to conditions tied to his continued service as a director, meaning he must remain on the board through that date.

How many Eastman Chemical (EMN) shares does Donald W. Slager hold after this Form 4 transaction?

After receiving the 1,628-share grant, Donald W. Slager directly holds a total of 3,303 Eastman Chemical common shares. This total reflects his position following the reported award, all held as non-derivative common stock according to the Form 4 data.

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.