Eastman (EMN) Form 4: Director Eric Butler Purchases 3,000 Shares
Rhea-AI Filing Summary
Eric L. Butler, identified as a director of Eastman Chemical Co. (EMN), reported a purchase of 3,000 shares of Common Stock on 08/27/2025 at a price of $68.6525 per share. Following the transaction, the filing reports 9,330 shares beneficially owned, held directly. The Form 4 was signed by Power of Attorney Mark D. Austin on 08/28/2025.
Positive
- Director purchase disclosed: 3,000 shares acquired on 08/27/2025 at $68.6525, showing insider buying activity
Negative
- None.
Insights
Insider purchase recorded: small direct buy by a director; limited material effect on company valuation.
The Form 4 documents a straightforward open-market purchase of 3,000 common shares at $68.6525 by a director, increasing direct holdings to 9,330 shares. This is a routine disclosure required under Section 16 and contains no derivative transactions, option exercises, or other compensatory events. The size and nature of the transaction are explicit in the filing; no additional operational or financial data about Eastman Chemical is provided.
Routine governance disclosure showing director buying shares; compliant Form 4 filed via POA.
The filing shows compliance with Section 16 reporting: transaction date 08/27/2025, filing executed by a Power of Attorney on 08/28/2025, and clear labeling of the reporter as a director. There are no amendments, no indirect ownership claims, and no unusual codes in the transaction line. The disclosure is complete for the transaction reported and contains no governance exceptions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $68.6525 | $206K |
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