LICH BRAD A 4

What Happened
Brad A. Lich, EVP & Chief Commercial Officer of Eastman Chemical Co. (EMN), had 5,569 shares withheld on Feb 18, 2026 to satisfy tax obligations tied to a performance-share payout. The withholding was recorded at $80.26 per share for a notional value of $446,968. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-20 (timely filing).
• Price recorded: $80.26 per share; shares withheld/disposed: 5,569; total value ≈ $446,968.
• Transaction code: F — shares withheld to pay tax obligations on performance shares.
• 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 specified in the provided filing.

Context
Withholding shares to satisfy tax liabilities on vested or paid performance awards is a routine administrative action and not the same as an insider selling shares on the open market. It reduces reported holdings but generally does not signal a change in insider sentiment or a trading decision.