Eastman Chemical officer granted options and RSUs
Eastman Chemical’s Controller & CAO, Michelle Renee Stewart, reported equity awards consisting of stock options and restricted stock units.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 11,075 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,524 | $0.00 | $0.00 |
Footnotes (3)
- F1. One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively.
- F2. Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Eastman Chemical (EMN) report for Michelle Renee Stewart?
How many stock options did Michelle Renee Stewart receive from Eastman Chemical (EMN)?
What are the vesting terms for Michelle Renee Stewart’s Eastman Chemical (EMN) stock options?
What restricted stock units did Michelle Renee Stewart receive from Eastman Chemical (EMN)?
When do Michelle Renee Stewart’s Eastman Chemical (EMN) restricted stock units vest?
Is Michelle Renee Stewart’s Eastman Chemical (EMN) Form 4 transaction a purchase or an award?
AI-generated analysis. How Rhea-AI works. Not financial advice.