STOCK TITAN

Eastman Chemical (EMN) awards options and RSUs to Controller & CAO

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

Rhea-AI Filing Summary

Eastman Chemical’s Controller & CAO, Michelle Renee Stewart, reported equity awards consisting of stock options and restricted stock units. She was granted 11,075 employee stock options at an exercise price of $0.00 per option and 1,524 restricted stock units, all held as direct ownership.

According to the award terms, one-third of the options become exercisable on each of February 24, 2027, February 24, 2028, and February 24, 2029. Each restricted stock unit represents a contingent right to receive one share of Eastman Chemical common stock. The restricted stock units will vest and pay out in unrestricted shares on the third anniversary of the grant date, February 24, 2029, subject to continued employment.

Positive

  • None.

Negative

  • None.
Insider Stewart Michelle Renee
Role Controller & CAO
Type Security Shares Price Value
Grant/Award Employee Stock Option (right to buy) 11,075 $0.00 --
Grant/Award Restricted Stock Units 1,524 $0.00 --
Holdings After Transaction: Employee Stock Option (right to buy) — 11,075 shares (Direct); Restricted Stock Units — 1,524 shares (Direct)
Footnotes (1)
  1. One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. The restricted stock units will vest and payout in unrestricted shares of Company common stock on the third anniversary of the grant date, February 24, 2029, subject to continued employment.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Stewart Michelle Renee

(Last) (First) (Middle)
200 S. WILCOX DRIVE

(Street)
KINGSPORT TN 37660

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EASTMAN CHEMICAL CO [ EMN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Controller & CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $77.12 02/24/2026 A 11,075 02/24/2027(1) 02/23/2036 Common Stock 11,075 $0 11,075 D
Restricted Stock Units (2) 02/24/2026 A 1,524 (3) (3) Common Stock 1,524 $0 1,524 D
Explanation of Responses:
1. One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively.
2. Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
3. The restricted stock units will vest and payout in unrestricted shares of Company common stock on the third anniversary of the grant date, February 24, 2029, subject to continued employment.
Remarks:
/s/ Mark D. Austin, by Power of Attorney for Michelle Renee Stewart 02/26/2026
** 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.

FAQ

What insider transaction did Eastman Chemical (EMN) report for Michelle Renee Stewart?

Eastman Chemical reported that Controller & CAO Michelle Renee Stewart received equity awards. She was granted 11,075 employee stock options and 1,524 restricted stock units, both recorded as direct ownership, as part of her compensation package on February 24, 2026.

How many stock options did Michelle Renee Stewart receive from Eastman Chemical (EMN)?

Michelle Renee Stewart received 11,075 employee stock options. These options were granted at an exercise price of $0.00 per option, with one-third becoming exercisable on each of February 24, 2027, February 24, 2028, and February 24, 2029, according to the award terms.

What are the vesting terms for Michelle Renee Stewart’s Eastman Chemical (EMN) stock options?

The 11,075 stock options granted to Michelle Renee Stewart vest in three equal installments. One-third becomes exercisable on February 24, 2027, another third on February 24, 2028, and the final third on February 24, 2029, as stated in the footnotes.

What restricted stock units did Michelle Renee Stewart receive from Eastman Chemical (EMN)?

She received 1,524 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Eastman Chemical common stock, aligning her compensation with the company’s equity performance over time, subject to vesting conditions.

When do Michelle Renee Stewart’s Eastman Chemical (EMN) restricted stock units vest?

The 1,524 restricted stock units vest and pay out in unrestricted Eastman Chemical common shares on February 24, 2029. This vesting is contingent on her continued employment through the third anniversary of the grant date, reinforcing a long-term retention incentive.

Is Michelle Renee Stewart’s Eastman Chemical (EMN) Form 4 transaction a purchase or an award?

The Form 4 for Michelle Renee Stewart reflects equity awards, not open-market purchases. The transactions are coded as grants or awards (code A), representing compensation in the form of stock options and restricted stock units rather than traditional buy or sell activity.