Eastman Chemical (NYSE: EMN) grants options and RSUs to EVP Lich
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eastman Chemical Company executive Brad A. Lich reported equity awards granted as part of his compensation. On February 24, 2026, he acquired employee stock options for 63,123 shares of common stock at a grant price of $0 per option.
One-third of these options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029. He also received 8,684 restricted stock units, each representing one share of common stock, which will vest and pay out in unrestricted shares on February 24, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LICH BRAD A
Role
EVP & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 63,123 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 8,684 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 63,123 shares (Direct);
Restricted Stock Units — 8,684 shares (Direct)
Footnotes (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.
FAQ
What did EMN executive Brad A. Lich report in this Form 4 filing?
Brad A. Lich reported equity compensation awards. He received 63,123 employee stock options and 8,684 restricted stock units in Eastman Chemical common stock, granted on February 24, 2026, as part of his role as Executive Vice President and Chief Commercial Officer.
How many stock options did Brad A. Lich receive from Eastman Chemical (EMN)?
Brad A. Lich received 63,123 employee stock options. These options were granted at a price of $0 per option and become exercisable in three equal installments on February 24, 2027, February 24, 2028, and February 24, 2029, according to the Form 4 disclosure.
When do Brad A. Lich’s Eastman Chemical stock options vest?
His 63,123 stock options vest in three equal tranches. One-third becomes exercisable on February 24, 2027, another third on February 24, 2028, and the final third on February 24, 2029, providing a multi-year incentive structure tied to continued service.
What restricted stock units did EMN grant to Brad A. Lich?
Eastman Chemical granted Brad A. Lich 8,684 restricted stock units. Each unit represents a contingent right to receive one share of common stock, vesting and paying out in unrestricted shares on February 24, 2029, provided he remains employed through that date.
Are Brad A. Lich’s new EMN equity awards direct or indirect holdings?
The Form 4 classifies these holdings as direct. Both the 63,123 employee stock options and the 8,684 restricted stock units are reported with direct ownership status, meaning they are held in his name rather than through an intermediate entity or related party.