Eastman (EMN) officer purchases 2,000 shares; Form 4 filed
Rhea-AI Filing Summary
Julie A. McAlindon, SVP, Regions & Chief Supply Chain Officer and director of Eastman Chemical Co. (EMN), purchased 2,000 shares of the issuer's common stock on 08/27/2025 at a reported price of $68.4294 per share. After the transaction she beneficially owned 12,731 shares directly and had indirect ownership of 867 shares through an ESOP. The Form 4 was signed by Mark D. Austin by power of attorney on 08/28/2025.
Positive
- Insider purchase reported: Executive and director acquired 2,000 shares, showing direct insider buying activity.
- Complete transaction details provided: Transaction date, price ($68.4294), and post-transaction holdings (12,731 direct, 867 indirect via ESOP) are disclosed.
- Form properly executed: Signature filed by power of attorney (Mark D. Austin) with a date of 08/28/2025.
Negative
- None.
Insights
TL;DR: Insider purchase of 2,000 EMN shares reported; increases direct holdings to 12,731 shares.
The filing documents a straightforward open-market purchase by an executive officer and director. The transaction date, price per share, and resulting share counts are explicitly disclosed. This type of disclosure provides transparency about insider activity but does not include information about size relative to outstanding shares or any planned trading program.
TL;DR: Officer and director reported a personal stock purchase; Form 4 properly executed by POA.
The report identifies the reporting persons roles, the relationship to the issuer, and records the acquisition with signature executed under power of attorney. The filing meets disclosure expectations for Section 16 reporting by stating transaction code, price, and post-transaction holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,000 | $68.4294 | $137K |
| holding | Common Stock | -- | -- | -- |