Costa Mark J 4

What Happened
Mark J. Costa, CEO and Board Chair of Eastman Chemical Co. (EMN), had 25,260 shares of common stock withheld on February 18, 2026 to satisfy tax obligations related to the payout of performance shares. The shares were recorded at $80.26 each for a total value of $2,027,368. This transaction is a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: 2026-02-18 at $80.26 per share
• Shares withheld/disposed: 25,260; total value ≈ $2,027,368
• Transaction code: F — shares withheld to cover tax liability on performance-share payout
• Footnote: Withholding was for the payout of performance shares for the 2023–2025 performance period (per filing)
• Shares owned after transaction: not specified in the provided excerpt of the filing
• Filing: Reported on 2026-02-20 (timely filing; transaction reported within typical SEC window)

Context
This was a routine tax-withholding action tied to the vesting/payout of performance-based equity, not an open-market sale or independent cash purchase. Such withholdings are common when executives receive equity awards and do not necessarily reflect a change in the insider’s view of the company.