Kodak (NYSE: KODK) resets RSU vesting schedule for Terry R. Taber
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Eastman Kodak Company reported a change to the vesting terms of existing equity awards for executive Terry R. Taber. On February 12, 2026, the Board’s Compensation, Nominating and Governance Committee approved revisions to his restricted stock units (RSUs) granted on May 17, 2023.
The remaining 16,668 timing-vesting RSUs from the original 50,000-unit grant will stay in place and are scheduled to vest on May 17, 2026. In addition, 50,000 performance-vesting RSUs granted on May 17, 2023 will also remain outstanding and are scheduled to vest on May 17, 2026, provided the existing performance conditions are met.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What executive compensation change did Eastman Kodak (KODK) announce?
Eastman Kodak approved revised vesting terms for Terry R. Taber’s restricted stock units. His remaining 16,668 timing-vesting RSUs and 50,000 performance-vesting RSUs from May 17, 2023 will now vest on May 17, 2026, subject to existing performance conditions.
How many RSUs does Terry R. Taber have vesting at Eastman Kodak?
Terry R. Taber has 16,668 timing-vesting RSUs and 50,000 performance-vesting RSUs remaining from grants made on May 17, 2023. Both sets of RSUs are scheduled to vest on May 17, 2026, with the performance-vesting units contingent on current performance conditions.
When will Terry R. Taber’s Eastman Kodak RSUs vest?
Both the remaining timing-vesting and performance-vesting RSUs for Terry R. Taber are scheduled to vest on May 17, 2026. These units stem from grants originally made on May 17, 2023, and the performance RSUs require satisfaction of existing performance-vesting conditions.
Who approved the RSU vesting revisions at Eastman Kodak (KODK)?
The Compensation, Nominating and Governance Committee of Eastman Kodak’s Board approved the RSU vesting revisions. This decision was made on February 12, 2026, and affects Terry R. Taber’s timing-vesting and performance-vesting RSUs originally granted on May 17, 2023.
Are Terry R. Taber’s performance-vesting RSUs at Eastman Kodak still subject to conditions?
Yes, Terry R. Taber’s 50,000 performance-vesting RSUs remain subject to the current performance-vesting conditions. These units, granted on May 17, 2023, will vest on May 17, 2026 only if those existing performance requirements are satisfied as specified.