EASTMAN KODAK CO·4

Mar 2, 4:31 PM ET

CONTINENZA JAMES V 4

4 · EASTMAN KODAK CO · Filed Mar 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Eastman Kodak (KODK) CEO James Continenza Converts RSUs, Sells 39,350 Shares

What Happened

  • James V. Continenza, Executive Chairman and CEO of Eastman Kodak (KODK), reported conversions of restricted stock units (RSUs) on 2026-02-26. The filing shows two conversions of 100,000 RSUs (total 200,000) into common shares at $0.00 per share.
  • To satisfy tax withholding on the vesting, 39,350 shares were withheld/disposed at $7.53 per share, a withholding value of $296,306. Net shares issued to Mr. Continenza after withholding were 160,650.

Key Details

  • Transaction date: 2026-02-26.
  • Conversions: two derivative conversions (M) of 100,000 shares each at $0.00 (total 200,000 shares converted).
  • Tax withholding: 39,350 shares disposed (F) at $7.53 each, total $296,306 (footnote F2 indicates shares were withheld to cover tax obligations).
  • Net increase in common stock held by Continenza from these conversions: 160,650 shares (200,000 converted − 39,350 withheld).
  • Relevant footnotes: F1 (RSUs vested on 2/26/2026) and F2 (shares withheld for tax withholding). Other footnotes in the filing describe vesting schedules for other awards but do not change this transaction’s mechanics.
  • Shares owned after the transaction: not specified in the supplied filing excerpt.
  • Filing timeliness: no late-filing flag shown in the provided data.

Context

  • This was not an open-market purchase or a voluntary sale; it was the vesting/conversion of RSUs into common stock with a standard share-withholding to satisfy tax liabilities (a routine administrative transaction).
  • For retail investors, note this is an award vesting event (adds shares to the insider after withholding) rather than an outright sale signaling liquidity needs or market view.

Insider Transaction Report

Form 4
Period: 2026-02-26
CONTINENZA JAMES V
DirectorExecutive Chairman and CEO
Transactions
  • Exercise/Conversion

    Common Stock, par value $.01

    [F1]
    2026-02-26+100,0003,150,896 total
  • Tax Payment

    Common Stock, par value $.01

    [F2]
    2026-02-26$7.53/sh39,350$296,3063,111,546 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-02-26100,0000 total
    Exercise: $0.00Common stock, par value $.01 (100,000 underlying)
Holdings
  • Restricted Stock Units

    [F3]
    Exercise: $0.00Common stock, par value $.01 (5,000,000 underlying)
    5,000,000
  • Restricted Stock Units

    [F4]
    Exercise: $0.00Common Stock, par value $.01 (196,336 underlying)
    196,336
  • Restricted Stock Units

    [F5]
    Exercise: $0.00Common Stock, par value $.01 (114,943 underlying)
    114,943
  • Restricted Stock Units

    [F6]
    Exercise: $0.00Common Stock, par value $.01 (163,613 underlying)
    163,613
  • Phantom Stock

    [F7]
    Exercise: $0.00Common Stock, par value $.01 (241,589 underlying)
    241,589
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $4.53Exp: 2029-02-19Common Stock, par value $.01 (298,780 underlying)
    298,780
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $6.03Exp: 2029-02-19Common Stock, par value $.01 (298,780 underlying)
    298,780
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $12.00Exp: 2029-02-19Common Stock, par value $.01 (170,733 underlying)
    170,733
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $4.53Exp: 2029-02-19Common Stock, par value $.01 (350,000 underlying)
    350,000
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $6.03Exp: 2029-02-19Common Stock, par value $.01 (350,000 underlying)
    350,000
  • Stock Option (Right to Buy)

    [F8]
    Exercise: $12.00Exp: 2029-02-19Common Stock, par value $.01 (200,000 underlying)
    200,000
Footnotes (8)
  • [F1]These restricted stock units, which convert into common stock on a one-for-one basis ("RSUs"), vested on 2/26/2026.
  • [F2]Shares withheld to cover tax withholding obligations on the vesting of RSUs.
  • [F3]These RSUs will vest annually in five equal installments commencing 12/31/2026, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
  • [F4]These RSUs will vest on 11/29/2026, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
  • [F5]These RSUs will vest in substantially equal installments on each of 11/29/2026 and 11/29/2027, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
  • [F6]These RSUs will vest in substantially equal installments on each of 11/29/2026, 11/29/2027 and 11/29/2028, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
  • [F7]Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Continenza in the year following the year of his separation from service as a director in either a single lump sum payment or in a maximum of ten annual installments.
  • [F8]This option is fully vested as of the date of this report.
Signature
/s/ Roger W. Byrd, Attorney-in-Fact for James V. Continenza|2026-03-02

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES