Eastman Chemical (EMN) CEO awarded large option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eastman Chemical CEO Mark J. Costa reported equity awards, not open-market trades. He received an employee stock option grant covering 232,559 shares at an exercise price of $0.00 per option. One-third of these options becomes exercisable on February 24, 2027, 2028, and 2029, respectively.
Costa was also granted 31,993 restricted stock units, each representing a contingent right to one share of Eastman Chemical common stock. These restricted stock units are scheduled to vest and pay out in unrestricted shares on February 24, 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Costa Mark J
Role
CEO & Board Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 232,559 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 31,993 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 232,559 shares (Direct);
Restricted Stock Units — 31,993 shares (Direct)
Footnotes (1)
- One-third of the options become exercisable on February 24, 2027, February 24, 2028, and February 24, 2029, respectively. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. The restricted stock units will vest and payout in unrestricted shares of Company common stock on the third anniversary of the grant date, February 24, 2029, subject to continued employment.
FAQ
What equity awards did Eastman Chemical (EMN) CEO Mark J. Costa receive?
Mark J. Costa received a grant of 232,559 employee stock options and 31,993 restricted stock units. These are compensation-related awards that increase his potential future ownership in Eastman Chemical, subject to vesting schedules and continued employment conditions.
Are there any stock purchases or sales in this Eastman Chemical (EMN) Form 4?
No stock purchases or sales are reported. The Form 4 shows two acquisitions coded as grants: stock options and restricted stock units. These awards are part of equity compensation and do not reflect open-market buying or selling of existing Eastman Chemical shares.
When do Mark J. Costa’s new Eastman Chemical (EMN) stock options vest?
The 232,559 stock options vest in three equal installments. One-third becomes exercisable on February 24, 2027, another third on February 24, 2028, and the final third on February 24, 2029, according to the disclosed vesting schedule.
What are the terms of the restricted stock units granted to the Eastman Chemical (EMN) CEO?
The grant includes 31,993 restricted stock units, each tied to one share of Eastman Chemical common stock. These units will vest and pay out in unrestricted shares on February 24, 2029, provided Mark J. Costa remains employed through that date.
How many derivative securities does Mark J. Costa hold after these Eastman Chemical (EMN) grants?
After these grants, Mark J. Costa holds 232,559 employee stock options and 31,993 restricted stock units as reported. These figures reflect his direct beneficial ownership in these derivative awards following the transactions on February 24, 2026.