Katz Philippe D 4

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.