KODK CEO reports RSU vesting and tax share disposal
Eastman Kodak Executive Chairman and CEO James V. Continenza reported equity compensation activity involving restricted stock units (RSUs) and common stock.
Rhea-AI Filing Summary
Eastman Kodak Executive Chairman and CEO James V. Continenza reported equity compensation activity involving restricted stock units (RSUs) and common stock. On February 26, 2026, 100,000 RSUs that convert into common stock on a one-for-one basis vested and were exercised into 100,000 shares of common stock at a price of $0.0000 per share. To cover tax withholding obligations on this RSU vesting, 39,350 shares of common stock were disposed of at $7.53 per share, leaving 3,111,546 shares of common stock held directly following the transactions. The filing also shows ongoing holdings of RSUs, phantom stock, and stock options that vest or become payable on various future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,000 shares exercised/converted
Exercise
14 txns
Insider
CONTINENZA JAMES V
Role
Executive Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 100,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.01 | 100,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $.01 | 39,350 | $7.53 | $296K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,474,892 contracts (Direct);
Common Stock, par value $.01 — 3,111,546 shares (Direct);
Phantom Stock — 241,589 contracts (Direct);
Stock Option (Right to Buy) — 1,668,293 contracts (Direct)
Footnotes (8)
- F1. These restricted stock units, which convert into common stock on a one-for-one basis ("RSUs"), vested on 2/26/2026.
- F2. Shares withheld to cover tax withholding obligations on the vesting of RSUs.
- F3. These RSUs will vest annually in five equal installments commencing 12/31/2026, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
- F4. These RSUs will vest on 11/29/2026, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
- F5. These RSUs will vest in substantially equal installments on each of 11/29/2026 and 11/29/2027, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
- F6. These RSUs will vest in substantially equal installments on each of 11/29/2026, 11/29/2027 and 11/29/2028, except as otherwise provided in the award notice or the employment agreement between the reporting person and the Company.
- F7. Each share of phantom stock represents a right to receive one share of common stock and becomes payable at the election of Mr. Continenza in the year following the year of his separation from service as a director in either a single lump sum payment or in a maximum of ten annual installments.
- F8. This option is fully vested as of the date of this report.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KODK CEO James V. Continenza report on February 26, 2026?
James V. Continenza reported vesting and exercise of 100,000 restricted stock units into common stock, plus a related tax-withholding disposition of 39,350 common shares at $7.53 per share, reflecting routine equity compensation activity rather than open-market buying or selling.
What restricted stock units (RSUs) vesting did KODK disclose for its CEO?
KODK disclosed that 100,000 RSUs vested on February 26, 2026, converting into common stock on a one-for-one basis. Additional RSU awards are scheduled to vest in annual or multi-year installments beginning December 31, 2026 and on specified November 29 dates, subject to award terms.
What other equity awards does the KODK CEO hold besides common stock?
Beyond common stock, the CEO holds RSUs, phantom stock, and stock options. The filing lists 241,589 units of phantom stock and several stock option grants, including positions such as 350,000 and 298,780 options, with at least one option reported as fully vested as of the report date.
How do KODK phantom stock units for the CEO pay out according to the Form 4?
Each phantom stock unit represents a right to receive one common share and becomes payable after the CEO’s separation as a director. Payment occurs in the following year, either as a single lump sum or in up to ten annual installments, at Mr. Continenza’s election.
AI-generated analysis. How Rhea-AI works. Not financial advice.
