Eastman Chemical Reports Potential Executive & Director Changes

TL;DR

**Eastman Chemical filed an 8-K about possible executive and director changes, but the filing snippet lacks specific details.**

AI Summary

Eastman Chemical Company filed an 8-K on February 14, 2024, reporting an event that occurred on February 13, 2024. The filing indicates potential changes related to the departure or election of directors or certain officers, as well as compensatory arrangements for certain officers. Specific names, dollar amounts, or detailed events are not provided in this excerpt of the filing.

Why It Matters

Changes in executive leadership or compensation structures can signal strategic shifts or impact investor confidence, though the specific nature and impact of these potential changes for Eastman Chemical are not detailed in this filing.

Risk Assessment

Risk Level: medium — The filing reports a category of events (executive changes, compensation) but provides no specific details, making it impossible to assess any immediate risk or opportunity.

Key Players & Entities

• EASTMAN CHEMICAL COMPANY (company) — registrant

FAQ

From the Filing

0001193125-24-036275.txt : 20240214 0001193125-24-036275.hdr.sgml : 20240214 20240214162116 ACCESSION NUMBER: 0001193125-24-036275 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240213 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EASTMAN CHEMICAL CO CENTRAL INDEX KEY: 0000915389 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 621539359 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12626 FILM NUMBER: 24638733 BUSINESS ADDRESS: STREET 1: PO BOX 511 STREET 2: 200 SOUTH WILCOX DRIVE CITY: KINGSPORT STATE: TN ZIP: 37660 BUSINESS PHONE: 4232292000 MAIL ADDRESS: STREET 1: P O BOX 511 B-54D CITY: KINGSPORT STATE: TN ZIP: 37662 8-K 1 d690216d8k.htm 8-K 8-K EASTMAN CHEMICAL CO false 0000915389 0000915389 2024-02-13 2024-02-13 0000915389 us-gaap:CommonStockMember 2024-02-13 2024-02-13 0000915389 us-gaap:DeferrableNotesMember 2024-02-13 2024-02-13     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of report (Date of earliest event reported): February 13, 2024     EASTMAN CHEMICAL COMPANY (Exact Name of Registrant as Specified in Its Charter)       Delaware   1-12626   62-1539359 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   200 South Wilcox Drive   Kingsport Tennessee   37662 (Address of Principal Executive Offices)   (Zip Code) (423) 229-2000 (Registrant’s Telephone Number, Including Area Code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   EMN   New York Stock Exchange 1.875% Notes Due 2026   EMN26   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 13, 2024, Charles K. Stevens III notified the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) that he would not stand for re-election to the Board upon the completion of his current term