Eastman Chemical director receives stock-linked pay

Q: How many phantom stock units did EMN director Brett D. Begemann receive?

Brett D. Begemann reported credits of 1,362 Phantom Stock Units at $63.25 per unit and 480 additional units on October 7, 2026. The first reflected voluntary deferral of director retainer fees; the other reflected automatic deferral of part of annual retainer fees.

The deferred units represent cash-settled compensation tied to Eastman common-stock value, payable after the director's service ends.

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Rhea-AI Filing Summary

Eastman Chemical Co. (EMN) director Brett D. Begemann reported two direct acquisitions of Phantom Stock Units on October 7, 2026: 1,362 units reported at $63.25 per unit through voluntary deferral of retainer fees, and 480 units through automatic deferral of part of annual retainer fees. The units track the market value of one common share and are payable only in cash after director service ends; both entries include dividend-equivalent credits.

Insider Trade Summary

Grant/Award: 1,842 shares

Grant/Award 2 txns

Insider BEGEMANN BRETT D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units ^{F1, F2, F3}	1,362	$63.25	$86K
Grant/Award	Phantom Stock Units ^{F1, F4, F5}	480	$0.00	$0.00

Holdings After Transaction: Phantom Stock Units — 125,105 contracts (Direct)

Footnotes (5)

F1. Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market of one share of issuer common stock and payable only in cash after termination of service as a director.
F2. Voluntary deferral of a portion of director's retainer fees that would otherwise have been paid in cash.
F3. Includes dividend equivalents reinvested in additional Phantom Stock Units.
F4. Automatic deferral of a portion of director's annual retainer fees into the director's stock account of the Director's Deferred Compensation Plan.
F5. Includes units credited since April 8, 2026, as reinvestment of dividend equivalents for phantom shares deferred under the Directors' Deferred Compensation Plan ("DDCP"), including credits for accrued dividend equivalents that were made to the directors DDCP account on October 7, 2026.

Key Figures

Phantom Stock Units: 1,362 units Reported per-unit price: $63.25 per unit Phantom Stock Units: 480 units

3 metrics

Phantom Stock Units 1,362 units Voluntary deferral of retainer fees on October 7, 2026; includes dividend equivalents

Reported per-unit price $63.25 per unit The 1,362-unit credit reported on October 7, 2026

Phantom Stock Units 480 units Automatic deferral of part of annual retainer fees; includes dividend-equivalent credits since April 8, 2026

Key Terms

Phantom Stock Units, Directors' Deferred Compensation Plan, dividend equivalents

3 terms

Phantom Stock Units financial

"Phantom Stock Units credited under the Directors' Deferred Compensation Plan"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Directors' Deferred Compensation Plan financial

"credited under the Directors' Deferred Compensation Plan"

dividend equivalents financial

"Includes dividend equivalents reinvested in additional Phantom Stock Units"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many phantom stock units did EMN director Brett D. Begemann receive?

Brett D. Begemann reported credits of 1,362 Phantom Stock Units at $63.25 per unit and 480 additional units on October 7, 2026. The first reflected voluntary deferral of director retainer fees; the other reflected automatic deferral of part of annual retainer fees.

How are EMN Phantom Stock Units settled?

Each Phantom Stock Unit has a value equal to the market value of one Eastman common share and is payable only in cash after termination of service as a director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/09/2026 - 04:03 PM Accepted by SEC EDGAR 10/09/2026 - 04:02 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^*

BEGEMANN BRETT D

(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)
10/07/2026

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)

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)
Phantom Stock Units	$0⁽¹⁾	10/07/2026		A		1,362⁽¹⁾⁽²⁾		⁽¹⁾	⁽¹⁾	Common Stock	1,362⁽¹⁾⁽²⁾	$63.25⁽²⁾	61,396⁽³⁾	D
Phantom Stock Units	$0⁽¹⁾	10/07/2026		A		480⁽⁴⁾		⁽¹⁾	⁽¹⁾	Common Stock	480⁽⁴⁾	$0⁽⁴⁾	63,709⁽⁵⁾	D

Explanation of Responses:

1. Phantom Stock Units credited under the Directors' Deferred Compensation Plan, each having a value equal to the market of one share of issuer common stock and payable only in cash after termination of service as a director.

2. Voluntary deferral of a portion of director's retainer fees that would otherwise have been paid in cash.

3. Includes dividend equivalents reinvested in additional Phantom Stock Units.

4. Automatic deferral of a portion of director's annual retainer fees into the director's stock account of the Director's Deferred Compensation Plan.

5. Includes units credited since April 8, 2026, as reinvestment of dividend equivalents for phantom shares deferred under the Directors' Deferred Compensation Plan ("DDCP"), including credits for accrued dividend equivalents that were made to the directors DDCP account on October 7, 2026.

Remarks:

	/s/ Mark D. Austin, by Power of Attorney for Brett D. Begemann	10/07/2026
	** 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