Katz Philippe D 4

What Happened

• Philippe D. Katz, a director and reported 10% owner, did not sell or buy cash shares but converted and received director awards. On 5/19/2026 Katz deferred 16,393 vested restricted stock units (RSUs) into 16,393 shares of phantom stock under the Eastman Kodak Deferred Compensation Plan (reported as a disposition of 16,393 common shares and an acquisition of 16,393 derivative phantom shares at $0). On 5/20/2026 he was granted 12,726 RSUs under the company's 2013 Omnibus Incentive Plan (reported as an acquisition of 12,726 derivative shares at $0). Reported dollar value for these derivative transactions is $0.

Key Details

• Transaction dates/prices: 5/19/2026 (disposition of 16,393 common → acquisition of 16,393 phantom; $0 reported), 5/20/2026 (grant of 12,726 RSUs; $0 reported).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F6–F7: The 16,393 RSUs vested 5/19/2026 and were deferred into phantom stock (1-for-1 rights to common shares payable after director separation, lump sum or up to 10 annual installments).
  • F8: The 12,726 RSUs were granted under the 2013 Omnibus Incentive Plan and generally vest the day before the 2027 annual meeting.
  • F1–F5: Katz disclaims beneficial ownership of shares held by several entities he controls or has interests in, except to the extent of his pecuniary interest.
  • F9: An option referenced in the filing is fully vested as of the report date.
• Filing timeliness: Report filed 5/21/2026 for transactions on 5/19 and 5/20; appears timely under Form 4 reporting rules.

Context

• These entries reflect director compensation and deferred compensation elections (conversion of vested RSUs into phantom stock and a standard RSU grant), not open-market buying or selling for cash. Phantom stock is a derivative right to receive shares later and does not represent immediate cash proceeds or an open-market trade. As a reported 10% owner and director, Katz’s actions are largely administrative/compensation-related rather than a straightforward insider purchase or sale.