Eastman Chemical Co: director Audia Damon J received 1,482 shares

What happened Audia Damon J, director, received 1,002 phantom stock units at $63.25 each (derivative) for $63,377 and received 480 phantom stock units at $0.00 (derivative) on Oct 07, 2026, the filing says. Both transactions are reported as awards/grants (code A) and are derivative interests (phantom stock units).

Key details

• Transaction date and price: Oct 07, 2026 — 1,002 units at $63.25; Oct 07, 2026 — 480 units at $0.00.
• Total acquired: 1,482 phantom stock units; total cash value reported: $63,377 and $0.
• Shares owned after the transaction: not reported in this Form 4.
• Relevant footnotes from the filing:
  • F1: Phantom stock units credited under the Directors' Deferred Compensation Plan; each equals the market value of one share and is payable only in cash after termination of service as a director.
  • F2: Voluntary deferral of part of director's retainer fees that would otherwise have been paid in cash.
  • F3: Includes dividend equivalents reinvested in additional phantom stock units.
  • F4: Automatic deferral of part of director's annual retainer fees into the director's stock account of the Directors' Deferred Compensation Plan.
  • F5: Includes units credited since Apr 08, 2026 as reinvestment of dividend equivalents for phantom shares deferred under the plan.
• Form filed Oct 09, 2026 reporting transactions dated Oct 07, 2026.

Why it may matter

• These were derivative awards: phantom stock units credited under the company's directors' deferred compensation plan and payable in cash after a director's service ends.
• The filing does not show why the insider traded or why the company acted.