Eastman EVP logs tax-withholding share disposition
Eastman Chemical Company executive Brad A. Lich, EVP & CCO, reported a tax-related share disposition on common stock.
Rhea-AI Filing Summary
Eastman Chemical Company executive Brad A. Lich, EVP & CCO, reported a tax-related share disposition on common stock. On February 18, 2026, 5,569 shares were withheld at $80.26 per share to cover tax obligations tied to the payout of performance shares for the 2023–2025 performance period. After this transaction, he directly owned 96,779 common shares, with additional indirect holdings through an ESOP and a 401(k) plan.
Positive
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 5,569 shares
Exercise Price or Tax Liability
3 txns
Insider
LICH BRAD A
Role
EVP & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,569 | $80.26 | $447K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 96,779 shares (Direct);
Common Stock — 1,251 shares (Indirect, By ESOP);
Common Stock — 2,595 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- F1. Shares of common stock withheld in payment of tax obligations related to the payout of performance shares for the 2023-2025 performance period.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EMN executive Brad A. Lich report?
Brad A. Lich reported a tax-withholding disposition of Eastman Chemical common stock. The company withheld shares to satisfy tax obligations related to a performance share payout, rather than an open-market sale initiated for investment purposes.
Was Brad Lich’s EMN transaction an open-market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. Shares were withheld to pay tax obligations on a performance share payout, as described in the footnote, and coded as a tax-withholding disposition rather than a discretionary sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.