secwatch.observer — SEC 8-K summary
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Issuer:     EASTMAN CHEMICAL CO (EMN)
CIK:        0000915389
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001193125-25-054808
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Eastman Chemical enters severance deal with officer Brad A. Lich; provides $2M cash, healthcare
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- Severance agreement effective March 10, 2025 with Brad A. Lich.
- Qualifying termination (without cause or good reason after March 1, 2027) triggers $2M cash plus existing plan amounts.
- Also provides up to four months of continued healthcare coverage.
- Benefits conditioned on release of claims and compliance with restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915389/000119312525054808/0001193125-25-054808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915389/000119312525054808/d914626d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-054808

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