Eastman (EMN) Director Increases Stake to 9,520 Shares with 1,500-Share Purchase
Rhea-AI Filing Summary
Brett D. Begemann, a director of Eastman Chemical Company (EMN), reported a purchase of 1,500 shares of the issuer's common stock on 08/27/2025 at a reported price of $68.285 per share. After the transaction, Mr. Begemann beneficially owned 9,520 shares. The Form 4 was signed on behalf of Mr. Begemann by Mark D. Austin under power of attorney on 08/28/2025.
Positive
- Insider purchase disclosed: Brett D. Begemann acquired 1,500 shares on 08/27/2025 at $68.285 per share.
- Increased beneficial ownership: Post-transaction holdings reported as 9,520 shares.
- Clear, routine disclosure: Transaction reported on a Form 4 with signature executed by power of attorney (Mark D. Austin).
Negative
- No dispositions or derivative transactions reported in this filing.
- No additional context provided about intent, plans, or relative size of the holding versus total outstanding shares.
Insights
TL;DR: A company director reported a voluntary open-market purchase of 1,500 EMN shares, modestly increasing his beneficial holding to 9,520 shares.
The filing shows a non-derivative acquisition coded "P" for a purchase on 08/27/2025 at $68.285 per share. This is a straightforward Section 16 transaction with no derivatives, dispositions, or plan-related checkboxes indicated. The signature block shows the Form 4 was executed by a power of attorney, which is a routine administrative detail. The disclosure is complete for the reported transaction and contains no additional corporate governance events.
TL;DR: Insider purchase reported; transaction details are explicit and limited to a single open-market buy increasing direct beneficial ownership.
The report lists a single non-derivative purchase (1,500 shares) at $68.285, yielding a post-transaction holding of 9,520 shares. No derivative positions or dispositions are reported, and there are no amendments or plan-related disclosures. This Form 4 contains only routine insider trading information without additional material financial data.