Lynch Kathleen B. 4

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.