SLAGER DONALD W 4

What Happened
Donald W. Slager, a director of Eastman Chemical Co. (EMN), was granted 1,628 restricted shares on 2026-05-07. The Form 4 reports the award as an acquisition (code A) at $0.00 per share (total reported acquisition value $0). This is a non-cash director compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Form 4 filed 2026-05-11 (filed within the two-business-day window).
• Amount: 1,628 restricted shares acquired at $0.00 per share (award/grant).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Shares are restricted and will lapse (vest) on May 7, 2027, subject to continued service as a director; the grant represents the director’s annual Restricted Stock Award.

Context
Restricted stock awards are routine director compensation and are granted subject to vesting conditions (here, one year of continued service). Such awards are different from market purchases or sales and don’t by themselves indicate the insider is making a market bet on the stock.