OBRIEN JAMES J /KY 4

What Happened
James J. O'Brien, a director of Eastman Chemical Co. (EMN), was granted 1,628 restricted shares on May 7, 2026. The Form 4 records this as an award/grant (transaction code A) at a $0 per-share acquisition price (total reported value $0). This is a compensation grant to a director, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Form 4 filed 2026-05-11.
• Transaction type: Award/Grant (code A); 1,628 shares; price reported $0.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: Shares are restricted; restrictions lapse on May 7, 2027 subject to continued service as a director. The amount represents the director’s annual Restricted Stock Award.
• Filing timeliness: Form filed four days after the transaction; filing does not indicate a late-filing flag.

Context
Restricted stock awards are routine director compensation intended to align long-term interests with shareholders; they typically vest or lapse after specified service conditions are met. Such grants are informational about compensation but do not necessarily signal the insider’s short-term market view.