McLain William Thomas Jr. 4

4 · EASTMAN CHEMICAL CO · Filed Feb 26, 2026

AI-generated summary of this filing

Updated Feb 26, 2026

Eastman Chemical (EMN) EVP/CFO McLain Receives Award

What Happened

William Thomas McLain Jr., EVP and CFO of Eastman Chemical Company (EMN), was granted equity awards on February 24, 2026. The filing shows two derivative awards: 59,801 stock options and 8,227 restricted stock units (RSUs). Both items are reported with $0 acquisition price because they are compensation grants rather than open-market purchases.

Key Details

Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
Award details: 59,801 options (derivative); 8,227 RSUs (derivative). Total units granted = 68,028.
Reported price: $0.00 (standard for compensation grants; no cash paid).
Shares owned after transaction: Not disclosed on this Form 4.
Footnotes:
- F1: Options vest one-third on each of Feb 24, 2027, 2028 and 2029.
- F2: Each RSU represents a contingent right to one share.
- F3: RSUs vest and convert to unrestricted shares on Feb 24, 2029, subject to continued employment.
Transaction code: A = Award/Grant.

Context

These awards are compensation, not market purchases or sales, and therefore are typically retention/incentive-related rather than immediate bullish or bearish trading signals. The options have a multi-year vesting schedule (annual one‑third vesting), and the RSUs are time‑vesting with payout on the third anniversary, subject to continued employment. No immediate exercise or sale is reported.

Form 4

Period: 2026-02-24

EVP, CFO

Transactions

Award
Employee Stock Option (right to buy)
[F1]
2026-02-24+59,801→ 59,801 total
Exercise: $77.12From: 2027-02-24Exp: 2036-02-23→ Common Stock (59,801 underlying)
Award
Restricted Stock Units
[F2][F3]
2026-02-24+8,227→ 8,227 total
→ Common Stock (8,227 underlying)

Footnotes (3)

[F1]One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively.
[F2]Each restricted stock unit represents a contingent right to receive one share of issuer common stock.
[F3]The restricted stock units will vest and payout in unrestricted shares of Company common stock on the third anniversary of the grant date, February 24, 2029, subject to continued employment.

Signature

/s/ Mark D. Austin, by Power of Attorney for Willian T. McLain Jr.|2026-02-26

1 file