McAlindon Julie A. 4

What Happened

• Julie A. McAlindon, Senior Vice President, Regions & Chief Supply Chain Officer of Eastman Chemical Co. (EMN), received equity awards on February 24, 2026. The Form 4 reports a grant of 24,364 derivative awards (stock options) and 3,352 restricted stock units (RSUs). Both items show $0.00 as the acquisition price on the filing, reflecting that these were compensation grants rather than open-market purchases.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely).
• Awards: 24,364 derivative option awards (reported at $0.00) and 3,352 restricted stock units (RSUs) (reported at $0.00).
• Vesting for options (footnote F1): one-third of the options vest on Feb 24 of 2027, 2028 and 2029.
• RSU details (footnotes F2 & F3): each RSU represents a contingent right to one share; RSUs vest and will be paid out in unrestricted shares on the third anniversary of the grant (Feb 24, 2029), subject to continued employment.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Transaction type: Award/Grant (code A) — compensation, not a purchase (P) or sale (S).

Context

• These grants are typical long-term incentive compensation: options become exercisable over the stated vesting schedule, and RSUs convert into actual shares on the payout date if the executive remains employed. Such awards are routine for executives and do not, by themselves, indicate a personal buy/sell decision or a change in insider sentiment. They may lead to future share issuance/dilution if exercised or settled.