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Eastman Chemical (EMN) director granted 1,628 restricted shares as annual award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

BUTLER ERIC L reported acquisition or exercise transactions in this Form 4 filing.

Eastman Chemical director Eric L. Butler received a grant of 1,628 shares of common stock as a restricted stock award. The shares were awarded at no cash cost per share and represent his annual Restricted Stock Award as a director. Following this grant, Butler directly holds 10,958 shares of Eastman Chemical common stock. The restrictions on these shares will lapse on May 7, 2027, subject to conditions tied to his continued service as a director.

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Insider BUTLER ERIC L
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,628 $0.00 --
Holdings After Transaction: Common Stock — 10,958 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 1,628 shares Common stock award on May 7, 2026
Price per share $0.0000 per share Non-cash restricted stock award
Total holdings after grant 10,958 shares Direct ownership following transaction
Vesting date May 7, 2027 Restrictions lapse subject to continued service
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.
Restricted Stock Award financial
"The share 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.
transaction code "A" financial
"transaction_code_description": "Grant, award, or other acquisition""
continued service as a director financial
"subject to certain conditions related to continued service as a director."
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*
BUTLER ERIC L

(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)
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$010,958D
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 share amounts represent the director's annual Restricted Stock Award.
Remarks:
/s/ Mark D. Austin, by Power of Attorney for Eric L. Butler05/11/2026
** 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 insider transaction did Eastman Chemical (EMN) report for Eric L. Butler?

Eastman Chemical reported that director Eric L. Butler received a grant of 1,628 shares of common stock as a restricted stock award. This is a non-cash, compensation-related acquisition rather than an open-market purchase or sale.

How many Eastman Chemical (EMN) shares does Eric L. Butler hold after this Form 4?

After the restricted stock grant, Eric L. Butler directly holds 10,958 shares of Eastman Chemical common stock. This total includes the newly awarded 1,628 restricted shares reported in the Form 4 filing.

What are the vesting terms of Eric L. Butler’s restricted shares in Eastman Chemical (EMN)?

The 1,628 restricted shares granted to Eric L. Butler vest when restrictions lapse on May 7, 2027. Lapsing is subject to certain conditions related to his continued service as a director of Eastman Chemical.

Did Eric L. Butler buy or sell Eastman Chemical (EMN) shares on the market?

No open-market buy or sell occurred. Eric L. Butler received 1,628 shares as a restricted stock award, recorded under transaction code “A” for a grant or other acquisition, with a price per share of $0.0000.

What does the transaction code “A” mean in the Eastman Chemical (EMN) Form 4?

The transaction code “A” on this Form 4 indicates a grant, award, or other acquisition of stock. For Eric L. Butler, it reflects a compensation-related restricted stock award of 1,628 Eastman Chemical common shares.