Form 4: Eastman Chemical Co: Executive Holt Adrian James Reports Changes in Beneficial Ownership

SVP, Chf HR Ofcr Adrian James Holt reports acquisition of 2,734 shares and disposal of 697 shares of Eastman Chemical Co common stock on February 18, 2025.

Summary

• On February 18, 2025, Adrian James Holt, SVP, Chf HR Ofcr of Eastman Chemical Co, acquired 2,734 shares of common stock.
• These shares were acquired at a price of $0.
• On the same day, Holt disposed of 697 shares of common stock at a price of $103.47.
• This disposal was to cover tax liabilities related to the payout of performance shares.
• Following these transactions, Holt directly owns 2,037 shares of Eastman Chemical Co common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are related to compensation and tax obligations, which are standard practices. There is no indication of unusual or concerning activity.

Positives

• The acquisition of performance shares indicates that the company met certain performance goals during the three-year period (2022-2024).

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates