New Jason Griffin 4

4 · EASTMAN KODAK CO · Filed May 21, 2026

AI-generated summary of this filing

Updated May 21, 2026

Eastman Kodak (KODK) Director Jason Griffin Defers 16,393 Shares; Receives 12,726 RSUs

What Happened

Jason Griffin, a director of Eastman Kodak Company, reported that on May 19, 2026 he deferred 16,393 vested restricted stock units (RSUs) into 16,393 shares of phantom stock under the company's Deferred Compensation Plan for Directors (reported as a disposition to the issuer and an acquisition of a derivative). On May 20, 2026 he was granted 12,726 RSUs (derivative). All reported transactions show $0.00 per share and $0 total — these were equity awards/deferrals, not open-market trades.

Key Details

Transaction dates and types: 5/19/2026 — disposition to issuer of 16,393 shares @ $0.00 (in exchange for phantom stock) and acquisition of 16,393 derivative shares @ $0.00; 5/20/2026 — grant/acquisition of 12,726 RSUs @ $0.00.
Value/price: $0.00 per share; no cash changed hands (compensation/deferral transactions).
Filing: Form 4 filed 2026-05-21 covering transactions dated 5/19–5/20/2026 (filed within the usual 2-business-day window).
Shares owned after transaction: not specified in the provided filing details.
Notable footnotes: F1–F2 — the 16,393 vested RSUs were deferred into phantom stock (each phantom share equals one common share and becomes payable, at the director’s election, in the year after separation in a lump sum or up to 10 annual installments). F3 — the 12,726 RSUs were granted under the 2013 Omnibus Incentive Plan and generally vest the day before the 2027 annual shareholders meeting. F4 — notes an option has fully vested as of the report date (no exercise reported).

Context

These transactions are compensation/deferral actions, not purchases or sales in the market. The deferral converts vested RSUs into a payable phantom-share right that pays out post-separation per plan terms; the new RSU grant vests in 2027 (per footnote). Such awards are common for board compensation and do not by themselves indicate a buy/sell signal.

Form 4

Period: 2026-05-19

Director

Transactions

Disposition to Issuer
Restricted Stock Units
[F1]
2026-05-19−16,393→ 0 total
Exercise: $0.00From: 2026-05-19Exp: 2026-05-19→ Common Stock, par value $.01 (16,393 underlying)
Award
Phantom Stock
[F2]
2026-05-19+16,393→ 81,754 total
Exercise: $0.00→ Common Stock, par value $.01 (16,393 underlying)
Award
Restricted Stock Units
[F3]
2026-05-20+12,726→ 12,726 total
Exercise: $0.00→ Common Stock, par value $.01 (12,726 underlying)

Holdings

Common Stock, par value $.01
88,002
Stock Option (Right to Buy)
[F4]
Exercise: $3.03Exp: 2027-05-19→ Common Stock, par value $.01 (21,081 underlying)
21,081
Stock Option (Right to Buy)
[F4]
Exercise: $4.53Exp: 2030-05-19→ Common Stock, par value $.01 (6,416 underlying)
6,416
Stock Option (Right to Buy)
[F4]
Exercise: $6.03Exp: 2030-05-19→ Common Stock, par value $.01 (6,416 underlying)
6,416
Stock Option (Right to Buy)
[F4]
Exercise: $12.00Exp: 2030-05-19→ Common Stock, par value $.01 (3,666 underlying)
3,666

Footnotes (4)

[F1]These restricted stock units convert into common stock on a one-for-one basis. Upon vesting on 5/19/2026, Mr. New deferred the receipt of 16,393 shares of common stock and received instead 16,393 shares of phantom stock pursuant to the terms of the Eastman Kodak Company Deferred Compensation Plan for Directors (the "Plan"). As a result, Mr. New is reporting the disposition of 16,393 shares of common stock in exchange for an equal number of shares of phantom stock under the Plan.
[F2]Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. New 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.
[F3]These restricted stock units, which convert into common stock on a one-for-one basis, were granted under the Company's 2013 Omnibus Incentive Plan, as amended, in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the day immediately preceding the Company's 2027 annual meeting of shareholders.
[F4]This option has fully vested as of the date of this report.

Signature

/s/ Roger W. Byrd, Attorney-in-Fact for Jason New|2026-05-21

1 file