Eastman Chemical (EMN) director receives 1,628-share restricted stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Eastman Chemical Company director Renee J. Hornbaker received a grant of 1,628 shares of common stock as a restricted stock award. The restrictions are scheduled to lapse on May 7, 2027, subject to her continued service as a director. Following this award, she directly holds 25,565 shares, which include 154 shares acquired through automatic dividend reinvestment since May 1, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HORNBAKER RENEE J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,628	$0.00	--

Holdings After Transaction: Common Stock — 25,565 shares (Direct, null)

Footnotes (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. Includes 154 shares acquired since May 1, 2025 resulting from automatic reinvestment of dividends.

Key Figures

Restricted stock grant: 1,628 shares Grant price: $0.00 per share Shares after transaction: 25,565 shares +2 more

5 metrics

Restricted stock grant 1,628 shares Grant of common stock on May 7, 2026

Grant price $0.00 per share Compensation-related restricted stock award

Shares after transaction 25,565 shares Direct holdings following the award

Dividend reinvestment shares 154 shares Acquired since May 1, 2025 via automatic dividend reinvestment

Restriction lapse date May 7, 2027 Scheduled end of restrictions, subject to continued service

Key Terms

Restricted Stock Award, Restricted shares, automatic reinvestment of dividends

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.

Restricted shares financial

"Restricted shares, with restrictions lapsing on May 7, 2027, subject to certain conditions"

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.

automatic reinvestment of dividends financial

"Includes 154 shares acquired since May 1, 2025 resulting from automatic reinvestment of dividends."

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:08 PM

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^*

HORNBAKER RENEE J

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A		1,628⁽¹⁾	A	$0	25,565⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. Includes 154 shares acquired since May 1, 2025 resulting from automatic reinvestment of dividends.

Remarks:

	/s/ Mark D. Austin, by Power of Attorney for Renee J. Hornbaker	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Eastman Chemical (EMN) director Renee J. Hornbaker report on this Form 4?

Renee J. Hornbaker reported receiving a grant of 1,628 shares of Eastman Chemical common stock as a restricted stock award. These shares were awarded at no purchase price and increase her direct ownership position in the company’s stock.

When do Renee J. Hornbaker’s new EMN restricted shares vest?

The 1,628 restricted shares granted to Renee J. Hornbaker are scheduled to have restrictions lapse on May 7, 2027. Vesting is subject to certain conditions, including her continued service as a director of Eastman Chemical through that date.

How many Eastman Chemical (EMN) shares does Renee J. Hornbaker hold after this grant?

After the reported grant, Renee J. Hornbaker directly holds 25,565 shares of Eastman Chemical common stock. This total includes the new 1,628 restricted shares and 154 shares obtained from automatic dividend reinvestment since May 1, 2025.

Was there a purchase price for Renee J. Hornbaker’s new EMN shares?

No cash purchase was involved; the 1,628 Eastman Chemical shares were granted at a price of $0.00 per share. The transaction reflects a compensation-related restricted stock award rather than an open-market stock purchase.

What does the dividend reinvestment footnote mean for EMN director holdings?

The filing notes that 154 shares were acquired since May 1, 2025 through automatic reinvestment of dividends. This indicates that dividends paid on Renee J. Hornbaker’s Eastman Chemical holdings were used to buy additional shares over time.