LICH BRAD A 4

What Happened

• Brad A. Lich, EVP & Chief Commercial Officer of Eastman Chemical Co. (EMN), was granted/received 18,861 shares on 2026-02-11. The Form 4 reports the transaction as an award/acquisition (code A) at $0.00 per share (company compensation award), so no cash was paid by the insider.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely under the usual two-business-day rule).
• Transaction type/code: A = Award/Grant; reported acquisition of 18,861 shares at $0.00.
• Reported value: $0 on the Form 4 (compensation award—no purchase price recorded).
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 notes this represents the determination of performance shares earned for the three-year 2023–2025 performance period.

Context

• This was a compensation award (performance shares) rather than an open-market purchase or sale. Performance-share grants reflect company compensation plans and payout determinations for a past performance period; they are not a direct buy/sell signal by the insider.
• No indication in the filing of tax withholding, a sale, or a cashless exercise tied to this grant.