Stewart Michelle Renee 4

What Happened

• Michelle Renee Stewart, Controller & Chief Accounting Officer of Eastman Chemical Co. (EMN), had 1,063 shares of EMN withheld on Feb 18, 2026 to satisfy tax obligations related to a performance-share payout. The shares were valued at $80.26 each, totaling about $85,316. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (timely filing).
• Price: $80.26 per share; Shares withheld/disposed: 1,063; Reported value: $85,316.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares were withheld to pay tax obligations tied to the payout of performance shares for the 2023–2025 performance period.
• Transaction code: F (tax withholding), indicating a withholding of shares rather than a voluntary sale or purchase.

Context

• This was a routine tax-withholding event following the vesting/payout of performance shares. Such withholdings are administrative and do not necessarily signal insider sentiment about the company.