Holt Adrian James 4
Research Summary
AI-generated summary
Eastman Chemical (EMN) SVP Adrian Holt Withholds 588 Shares for Taxes
What Happened
- Adrian James Holt, Senior Vice President and Chief Human Resources Officer of Eastman Chemical (EMN), had 588 shares withheld/disposed to satisfy tax obligations tied to a performance-share payout. The withholding price was $80.26 per share, for a total value of $47,193.
Key Details
- Transaction date: 2026-02-18; Form filed: 2026-02-20 (timely filing).
- Shares withheld/disposed: 588 at $80.26 each; total value reported $47,193.
- Transaction code: F — shares withheld to pay tax liabilities.
- Footnote: Shares were withheld to cover tax obligations related to the payout of performance shares for the 2023–2025 performance period.
- Shares owned after the transaction: not reported on the provided excerpt.
Context
- This was a tax-withholding event tied to issuance of performance shares, not an open-market sale or purchase; such withholdings are routine and do not necessarily indicate insider sentiment. The filing appears timely (filed two days after the reported transaction).