Eastman chemical co: director Eric L Butler received 480 shares

What happened Eric L Butler, a director, received 480 phantom stock units (derivative award) under the Directors' Deferred Compensation Plan. The reported acquisition price was $0.00 per unit and the total reported value is $0; the Form 4 was filed on Oct 9, 2026.

Key details

• Transaction date: Oct 7, 2026; transaction code A (award); price $0.00.
• Shares owned after the transaction: not reported in this filing.
• Footnotes from the filing:
  • F1: Phantom stock units credited under the Directors' Deferred Compensation Plan; each unit has a value equal to one share and is payable only in cash after termination of service as a director.
  • F2: Automatic deferral of a portion of the director's annual retainer fees that would otherwise have been paid in cash.
  • F3: Includes units credited since Apr 8, 2026 as reinvestment of dividend equivalents for phantom shares deferred under the Directors' Deferred Compensation Plan.
• Filing date: Oct 9, 2026.

Why it may matter

• The transaction was a grant/credit of phantom stock units (a derivative deferred-compensation award), not an open-market purchase or sale.
• This filing does not show why the insider traded or why the company acted.