STOCK TITAN

Eastman Kodak insider trades: 19,744 options at $3.09, shares sold at $8

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Eastman Kodak (KODK) insider transaction: On 11/10/2025, Roger W. Byrd, General Counsel, Secretary and SVP, exercised 19,744 stock options at $3.09 and sold 19,744 common shares at $8 pursuant to a Rule 10b5-1 plan adopted on 06/16/2025.

Following the transactions, he beneficially owns 59,266 common shares directly. Derivative holdings listed include vested and time- or performance-based awards with future vesting and expiration dates as disclosed.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Byrd Roger W.

(Last) (First) (Middle)
C/O EASTMAN KODAK COMPANY
343 STATE STREET

(Street)
ROCHESTER NY 14650

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [ KODK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel, Sec., SVP
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 11/10/2025 M 19,744(1) A $3.09 79,010 D
Common Stock, par value $.01 11/10/2025 S 19,744(1) D $8 59,266 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $3.09 11/10/2025 M 19,744(1) (2) 01/15/2026 Common Stock, par value $.01 19,744 $0 70,000 D
Restricted Stock Units $0(3) (3) (3) Common Stock, par value $.01 8,334 8,334 D
Performance Stock Units $0(4) (4) (4) Common Stock, par value $.01 25,000 25,000 D
Stock Option (Right to Buy) $4.28 (5) 05/17/2030 Common Stock, par value $.01 25,000 25,000 D
Stock Option (Right to Buy) $4.28 (6) 05/17/2030 Common Stock, par value $.01 25,000 25,000 D
Stock Option (Right to Buy) $3.03 (2) 02/19/2026 Common Stock, par value $.01 15,000 15,000 D
Stock Option (Right to Buy) $4.53 (2) 02/19/2029 Common Stock, par value $.01 10,000 10,000 D
Stock Option (Right to Buy) $6.03 (2) 02/19/2029 Common Stock, par value $.01 10,000 10,000 D
Stock Option (Right to Buy) $12 (2) 02/19/2029 Common Stock, par value $.01 10,000 10,000 D
Stock Option (Right to Buy) $12.5 (2) 09/13/2027 Common Stock, par value $.01 30,457 30,457 D
Explanation of Responses:
1. Represents the exercise of options expiring on January 15, 2026 and sale of associated shares pursuant to a Rule 10b5-1 Preset Diversification Program adopted by the reporting person on June 16, 2025.
2. This option is fully vested as of the date of this report.
3. These restricted stock units, which convert into common stock on a one-for-one basis, will vest on 5/17/2026, except as otherwise provided in the award notice.
4. These performance stock units, which convert into common stock on a one-for-one basis, will vest on 5/17/2026 if the volume-weighted average price per share of common stock within the 20 trading day period before the vesting date exceeds a specified price, except as otherwise provided in the award notice.
5. Two-thirds of the original grant of this option vested in substantially equal installments on each of 5/17/2024 and 5/17/2025, and except as otherwise provided in the award notice, the balance vests on 5/17/2026.
6. This option will vest on 5/17/2026 if the volume-weighted average price per share of common stock within the 20 trading day period before the vesting date exceeds a specified price, except as otherwise provided in the award notice.
/s/ Roger W. Byrd 11/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did KODK officer Roger W. Byrd report on Form 4?

He exercised 19,744 stock options at $3.09 and sold 19,744 common shares at $8 on 11/10/2025 under a Rule 10b5-1 plan.

How many KODK shares does the reporting person own after the transactions?

He beneficially owns 59,266 common shares directly after the reported transactions.

What was the exercise price and quantity of options exercised by KODK’s officer?

He exercised 19,744 options at an exercise price of $3.09 per share.

At what price were KODK shares sold in the reported transaction?

Shares were sold at $8 per share on 11/10/2025.

Was the KODK sale made under a Rule 10b5-1 plan?

Yes. The sale was made under a Rule 10b5-1 Preset Diversification Program adopted on 06/16/2025.

What other derivative awards does the KODK officer hold?

Holdings include restricted stock units (8,334), performance stock units (25,000), and multiple stock options with stated strike prices and expirations.
Eastman Kodak

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KODK Stock Data

712.40M
62.18M
40.99%
46.49%
10.22%
Specialty Business Services
Photographic Equipment & Supplies
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United States
ROCHESTER