BUTLER ERIC L 4
4 · EASTMAN CHEMICAL CO · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Eastman Chemical (EMN) Director Eric Butler Receives Restricted Stock Award
What Happened
- Eric L. Butler, a director of Eastman Chemical Company (EMN), received an award of 1,628 restricted shares on May 7, 2026. The shares were granted at $0.00 (i.e., no cash purchase price).
- This is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within required two business days).
- Shares granted: 1,628 restricted shares; acquisition price shown as $0.00.
- Vesting / restrictions: Footnote indicates these are restricted shares that lapse on May 7, 2027 subject to continued service as a director (annual Restricted Stock Award).
- Shares owned after transaction: Not specified in the provided filing details.
- No sale or cash proceeds—this is compensation, not a divestment or purchase.
Context
- Director restricted stock awards are common as annual compensation and do not by themselves indicate a buy/sell signal from the insider.
- The award vests over a year subject to continued board service; not an immediate sale or exercise event.
Insider Transaction Report
Form 4
BUTLER ERIC L
Director
Transactions
- Award
Common Stock
[F1]2026-05-07+1,628→ 10,958 total
Footnotes (1)
- [F1]Restricted shares, with restrictions lapsing on May 7, 2027, subject to certain conditions related to continued service as a director. The share amounts represent the director's annual Restricted Stock Award.
Signature
/s/ Mark D. Austin, by Power of Attorney for Eric L. Butler|2026-05-11