McAlindon Julie A. 4

What Happened

• Julie A. McAlindon, SVP, Regions & Chief Supply Chain Officer of Eastman Chemical Co. (EMN), was granted 7,280 shares as an award on February 11, 2026. The Form 4 records the acquisition price as $0.00 because these were awarded performance shares, not an open-market purchase or a cash exercise.
• The award is tied to a multi-year performance period (see footnote): the number of performance shares reflects the determination for the three‑year 2023–2025 performance cycle.

Key Details

• Transaction date: 2026-02-11; Transaction code: A (award/grant); Price reported: $0.00.
• Shares acquired: 7,280 performance shares.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: F1 — “Determination of the number of performance shares earned for the three-year (2023–2025) performance period.”
• Filing date: 2026-02-13 (appears timely — filed within the typical two business-day window).

Context

• Performance-share awards are compensation tied to company performance and typically vest only if specified goals are met; they are not purchases and do not signal an insider buying stock.
• The Form 4 shows $0 because the shares were granted as compensation; the economic value to the insider will depend on vesting, payout conditions and Eastman’s share price at vesting or payout.