EVP Brian Travis Buys 1750 Eastman Chemical Shares at $68.34/Share on 2025-08-27.

Eastman Chemical Company [EMN] has disclosed that EVP, AFP, Mfg., WWEC & HSE Brian Travis Smith has purchased 1750 shares at a price of $68.34 per share on August 27, 2025.

Eastman Chemical Company [EMN] has disclosed that EVP, AFP, Mfg., WWEC & HSE Brian Travis Smith has purchased 1750 shares at a price of $68.34 per share on August 27, 2025. The transaction, reported in a Form 4 filing with the U.S. Securities and Exchange Commission, signifies a significant insider buy. This follows a trend of insider purchases at Eastman Chemical, indicating a positive outlook on the company's stock performance [1].

The purchase of 1750 shares by Smith brings his direct beneficial ownership to 16,732 shares. Additionally, Smith received 2,200 phantom stock units under the company's Executive Deferred Compensation Plan, valued at $68.18 per share. These phantom units are subject to plan terms, including limited acceleration and withdrawal provisions, and will be paid in cash after Smith's employment termination [2].

Eastman Chemical has faced challenges in recent months, with a decline in revenue growth and below-average profitability metrics. However, the insider purchases may suggest optimism among executives regarding the company's future prospects. Investors should consider this information as part of their overall analysis, but not as a primary determinant for investment decisions [1].

References:
[1] https://www.benzinga.com/insights/news/25/08/47416263/evp-of-eastman-chemical-makes-252k-buy
[2] https://www.stocktitan.net/sec-filings/EMN/form-4-eastman-chemical-company-insider-trading-activity-82ef0059e79b.html