Eastman Chemical (EMN) SVP has 1,812 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eastman Chemical Company senior vice president Julie A. McAlindon reported a tax-related share disposition involving company common stock. On February 18, 2026, 1,812 shares of common stock were withheld at $80.26 per share to satisfy tax obligations tied to a performance share payout for the 2023-2025 performance period.
After this withholding, McAlindon directly owned 18,199 shares of Eastman Chemical common stock. She also indirectly held 887 shares through an ESOP arrangement, reflecting separate plan-related ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McAlindon Julie A.
Role
SVP, Regions & Chf SupChn Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,812 | $80.26 | $145K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,199 shares (Direct);
Common Stock — 887 shares (Indirect, By ESOP)
Footnotes (1)
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FAQ
What insider transaction did Eastman Chemical (EMN) report for Julie A. McAlindon?
Eastman Chemical reported that Julie A. McAlindon had 1,812 common shares withheld for taxes. The withholding related to the payout of performance shares for the 2023-2025 period, reflecting a tax-settlement event rather than an open-market sale of stock.
Was Julie A. McAlindon’s Eastman Chemical (EMN) Form 4 transaction a stock sale?
The Form 4 shows a tax-withholding disposition, not a traditional stock sale. Shares were withheld by the company to cover tax obligations from vested performance shares for 2023-2025, a common administrative transaction associated with equity compensation awards.