Katz Philippe D 4
4 · EASTMAN KODAK CO · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Eastman Kodak (KODK) 10% Owner Philippe Katz Buys 2,000 Shares
What Happened Philippe D. Katz, a reported 10% owner of Eastman Kodak Company (KODK), made an open-market purchase of 2,000 common shares on 2026-05-13 at $10.30 per share, for a total cost of $20,600. The transaction is reported on a Form 4 filed 2026-05-14. This was a purchase (code P), which is generally seen as a more informative signal than routine sales.
Key Details
- Transaction date and price: 2026-05-13, 2,000 shares at $10.30 each.
- Total value: $20,600.
- Filing date: Form 4 filed 2026-05-14 (timely; no late-file indication).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes from the filing:
- F1–F5: Katz disclaims beneficial ownership of shares held by several entities (KF Investors LLC; Momar Corporation; United Equities Commodities Company; Marneu Holding Company; 111 John Realty Corp.) except to the extent of his pecuniary interest.
- F6: Restricted stock units convert one-for-one to common stock and vest right before the 2026 annual meeting (per award terms).
- F7: Phantom stock converts to shares payable after separation from service, at Katz’s election.
- F8: A reported option has fully vested as of the report date.
Context As a 10% owner (not a named executive in this filing), Katz is a significant stakeholder; purchases by large owners can reflect personal or entity-level investment decisions, not necessarily company-specific insider views. The filing shows an open-market purchase rather than a derivative exercise or award-related issuance. Avoid inferring motive from a single small purchase; this Form 4 is factual reporting of the buy.
Insider Transaction Report
- Purchase
Common Stock, par value $.01
2026-05-13$10.30/sh+2,000$20,600→ 187,026 total
- 2,522,011(indirect: By LLC)
Common Stock, par value $.01
[F1] - 1,569,870(indirect: Owned by Momar Corporation)
Common Stock, par value $.01
[F2] - 7,598(indirect: Owned by United Equities Commodities Company)
Common Stock, par value $.01
[F3] - 87,720(indirect: Owned by Marneu Holding Company)
Common Stock, par value $.01
[F4] - 48,875(indirect: Owned by 111 John Realty Corp.)
Common Stock, par value $.01
[F5] - 16,393
Restricted Stock Units
[F6]Exercise: $0.00→ Common Stock, par value $.01 (16,393 underlying) - 125,871
Phantom Stock
[F7]Exercise: $0.00→ Common Stock, par value $.01 (125,871 underlying) - 25,297
Stock Option (Right to Buy)
[F8]Exercise: $3.03Exp: 2027-05-19→ Common Stock, par value $.01 (25,297 underlying) - 7,699
Stock Option (Right to Buy)
[F8]Exercise: $4.53Exp: 2030-05-19→ Common Stock, par value $.01 (7,699 underlying) - 7,699
Stock Option (Right to Buy)
[F8]Exercise: $6.03Exp: 2030-05-19→ Common Stock, par value $.01 (7,699 underlying) - 4,400
Stock Option (Right to Buy)
[F8]Exercise: $12.00Exp: 2030-05-19→ Common Stock, par value $.01 (4,400 underlying)
Footnotes (8)
- [F1]Mr. Katz disclaims beneficial ownership of the securities held by KF Investors LLC, an entity of which Mr. Katz is a managing member, except to the extent of his pecuniary interest therein.
- [F2]Mr. Katz disclaims beneficial ownership of the securities held by Momar Corporation, an entity in which Mr. Katz has an ownership interest, except to the extent of his pecuniary interest therein.
- [F3]Mr. Katz disclaims beneficial ownership of the securities held by United Equities Commodities Company, an entity of which Mr. Katz is a general partner, except to the extent of his pecuniary interest therein.
- [F4]Mr. Katz disclaims beneficial ownership of the securities held by Marneu Holding Company, an entity of which Mr. Katz is a partner, except to the extent of his pecuniary interest therein.
- [F5]Mr. Katz disclaims beneficial ownership of the securities held by 111 John Realty Corp., an entity in which Mr. Katz has an ownership interest, except to the extent of his pecuniary interest therein.
- [F6]These restricted stock units, which convert into common stock on a one-for-one basis, vest on the day immediately preceding the Company's 2026 annual meeting of shareholders, except as otherwise provided in the award notice.
- [F7]Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Katz 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 has fully vested as of the date of this report.