Eastman (EMN) CFO purchases 3,670 shares at $68.73 average
Rhea-AI Filing Summary
Form 4 summary: William T. McLain Jr., Executive Vice President and Chief Financial Officer of Eastman Chemical Company (EMN), reported the purchase of 3,670 shares of Eastman common stock on 08/27/2025 at an average weighted price of $68.73 per share. The filing states the shares were bought at prices ranging from $68.33 to $69.16. Following the transaction, Mr. McLain beneficially owns 53,524 shares. The Form 4 was signed by Mark D. Austin by power of attorney on 08/28/2025. The filing discloses no derivative transactions.
Positive
- Insider purchase reported: EVP and CFO acquired 3,670 shares, increasing direct ownership to 53,524 shares
- Transparent pricing: Filing discloses an average weighted price of $68.73 and the execution price range of $68.33 to $69.16
Negative
- None.
Insights
TL;DR: Insider purchase of 3,670 EMN shares at about $68.73 increases executive stake modestly; transaction is routine and disclosed on Form 4.
The reported purchase reflects a direct acquisition of common shares by the company's EVP and CFO, increasing his beneficial ownership to 53,524 shares. The average weighted price of $68.73 and the disclosed price range ($68.33 to $69.16) provide transparency on execution. No derivative activity is reported, and the transaction was executed and reported within the expected Section 16 timeline. For investors evaluating insider activity, this is a modest, straightforward purchase rather than a material change in ownership.
TL;DR: Properly reported Form 4 purchase by an officer, executed by POA, with clear pricing range and no complex instruments disclosed.
The filing shows compliance with Section 16 reporting requirements and includes an explanatory footnote detailing the weighted average price and price range, which supports disclosure quality. The signature by a power of attorney is disclosed and dated 08/28/2025. There are no indications of sales, option exercises, or planned trading arrangements disclosed in this form.