Lynch Kathleen B. 4

4 · EASTMAN KODAK CO · Filed May 21, 2026

AI-generated summary of this filing

Updated May 21, 2026

Kodak Director Kathleen Lynch Defers Shares, Receives RSU Awards

What Happened

Kathleen B. Lynch, a director of Eastman Kodak Company (KODK), converted/ deferred 16,393 vested common shares into 16,393 phantom stock units and was granted 12,726 additional restricted stock units (RSUs). All transactions are derivative awards/deferrals reported at $0.00 per share (no cash exchanged). The 16,393-unit exchange occurred 2026-05-19; the 12,726 RSU grant was reported 2026-05-20.

Key Details

Transaction dates and prices:
- 2026-05-19: Disposition of 16,393 common shares at $0.00 (in exchange) and acquisition of 16,393 phantom stock units at $0.00.
- 2026-05-20: Grant/acquisition of 12,726 RSUs at $0.00.
Total derivative units affected: 29,119 units (16,393 phantom + 12,726 RSUs).
Shares owned after transaction: Not specified in the provided data.
Footnotes / important plan terms:
- F1: The 16,393 RSUs that vested on 5/19 were deferred by Ms. Lynch into 16,393 phantom stock units under Kodak’s Deferred Compensation Plan for Directors (reported as a disposition of common stock in exchange for phantom units).
- F2: Each phantom stock unit equals one share of common stock payable at her election after she separates from service (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 Kodak’s 2027 annual meeting.
Filing timeliness: Report filed 2026-05-21 for transactions on 5/19 and 5/20; appears timely per Form 4 rules.

Context

These entries are compensation-related/deferral transactions (derivatives), not open-market purchases or sales. Converting vested RSUs into deferred phantom units is a routine director compensation/deferral election and does not represent a cash sale or a direct market signal. The newly granted RSUs vest in the future per the plan terms.

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

Footnotes (3)

[F1]These restricted stock units convert into common stock on a one-for-one basis. Upon vesting on 5/19/2026, Ms. Lynch 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, Ms. Lynch 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 Ms. Lynch in the year following the year of her 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.

Signature

/s/ Roger W. Byrd, Attorney-in-Fact for Kathleen B. Lynch|2026-05-21

1 file