Form 4: Eastman Chemical Co. Director Donald W. Slager Reports Changes in Beneficial Ownership

Director Donald W. Slager reports changes in beneficial ownership of Eastman Chemical Co. stock due to phantom stock units credited under the Directors' Deferred Compensation Plan.

Summary

• Donald W. Slager, a director at Eastman Chemical Co. [EMN], filed a Form 4 on April 9, 2025, reporting changes in beneficial ownership.
• The changes are related to phantom stock units credited under the Directors' Deferred Compensation Plan.
• On April 7, 2025, 412 phantom stock units were acquired.
• These units are payable only in cash after termination of service as a director and have a value equal to the market value of one share of Eastman Chemical Co. common stock.
• The report also includes 10 units credited since October 7, 2024, as hypothetical reinvestment of dividend equivalents.
• Following the reported transaction, Slager beneficially owns 761 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine compensation practices and does not contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies. It provides transparency to investors regarding the alignment of director interests with shareholder value.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates

Keywords

Form 4, Beneficial Ownership, Eastman Chemical Co, Director, Phantom Stock Units, Deferred Compensation, EMN, Slager