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Eastman Kodak CAO vests RSUs, withholds shares

On May 17, 2026, Eastman Kodak CAO and Corporate Controller Richard T. Michaels exercised 10,000 restricted stock units, converting them one-for-one into common stock.

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Form Type
4

Rhea-AI Filing Summary

On May 17, 2026, Eastman Kodak CAO and Corporate Controller Richard T. Michaels exercised 10,000 restricted stock units, converting them one-for-one into common stock. To cover taxes on this vesting, 3,648 shares of common stock were withheld at $9.69 per share. Following these transactions, Michaels directly holds 30,182 shares of Eastman Kodak common stock.

Insider Michaels Richard T
Role CAO and Corp. Controller
Type Security Shares Price Value
Exercise Restricted Stock Units 10,000 $0.00 $0.00
Exercise Common Stock, par value $.01 10,000 $0.00 $0.00
Exercise Price or Tax Liability Common Stock, par value $.01 3,648 $9.69 $35K
Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock, par value $.01 — 30,182 shares (Direct)
Footnotes (2)
  1. F1. These restricted stock units, which convert into common stock on a one-for-one basis, vested on 5/17/2026.
  2. F2. Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
RSUs vested and converted 10,000 units Restricted stock units converting one-for-one into common stock on 5/17/2026
Common shares acquired from RSUs 10,000 shares Shares of common stock received upon RSU vesting on 5/17/2026
Shares withheld for taxes 3,648 shares Common shares withheld to cover tax obligations at $9.69 per share
Tax withholding price $9.69 per share Price applied to shares withheld for tax obligations relating to RSU vesting
Post-transaction common shares 30,182 shares Direct common stock holdings of Richard T. Michaels after these transactions
Restricted Stock Units financial
"These restricted stock units, which convert into common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares withheld to cover tax withholding obligations on the vesting of restricted stock units"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did Eastman Kodak (KODK) report for Richard T. Michaels?

Richard T. Michaels exercised 10,000 restricted stock units into common stock and had 3,648 shares withheld to cover taxes at $9.69 per share, leaving him with 30,182 directly held common shares.

How many Eastman Kodak (KODK) restricted stock units vested and when?

A total of 10,000 restricted stock units vested and converted into common stock on May 17, 2026. These units convert on a one-for-one basis into Eastman Kodak common stock under the company’s equity compensation terms.

How many Eastman Kodak (KODK) shares were withheld for taxes and at what price?

To cover tax obligations on the RSU vesting, 3,648 common shares were withheld at a price of $9.69 per share. This tax-withholding disposition is reported with transaction code F, reflecting delivery of shares to satisfy tax liabilities.

What is Richard T. Michaels’ remaining Eastman Kodak (KODK) share ownership after the Form 4?

Following the RSU conversion and tax withholding, Richard T. Michaels directly owns 30,182 shares of Eastman Kodak common stock. This post-transaction holding reflects his updated equity position as CAO and Corporate Controller.

Were Richard T. Michaels’ Eastman Kodak (KODK) transactions under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked, indicating these transactions were not reported as occurring under a Rule 10b5-1 trading plan or other pre-arranged sale program.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
Michaels Richard T

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

(Street)
ROCHESTER NEW YORK 14650

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [ KODK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CAO and Corp. Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, par value $.0105/17/2026M10,000A$0(1)33,830D
Common Stock, par value $.0105/17/2026F3,648(2)D$9.6930,182D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0(1)05/17/2026M10,000 (1) (1)Common Stock, par value $.0110,000$00D
Explanation of Responses:
1. These restricted stock units, which convert into common stock on a one-for-one basis, vested on 5/17/2026.
2. Shares withheld to cover tax withholding obligations on the vesting of restricted stock units.
/s/ Roger W. Byrd, Attorney-in-Fact for Richard T. Michaels05/19/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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