Eastman Kodak (NYSE: KODK) director granted 12,726 RSUs and converts 16,393 units to shares

Rhea-AI Filing Summary

Eastman Kodak director David Bovenzi reported routine equity compensation and an option-style vesting event. He received 12,726 restricted stock units (RSUs) on May 20, 2026, which convert into common stock on a one-for-one basis and are scheduled to vest immediately before the company’s 2027 annual shareholder meeting, subject to award terms.

On May 19, 2026, 16,393 RSUs were exercised and converted into 16,393 shares of common stock at a stated price of $0.00 per share, leaving no RSUs from that older grant outstanding. Following these transactions, Bovenzi directly holds 52,142 shares of common stock and 12,726 RSUs, reflecting compensation-related awards rather than open-market buying or selling.

Insider Trade Summary

16,393 shares exercised/converted

Mixed 3 txns

Insider Bovenzi David

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	12,726	$0.00	--
Exercise	Restricted Stock Units	16,393	$0.00	--
Exercise	Common Stock, par value $.01	16,393	$0.00	--

Holdings After Transaction: Restricted Stock Units — 12,726 shares (Direct, null); Common Stock, par value $.01 — 52,142 shares (Direct, null)

Footnotes (1)

1. These restricted stock units convert into common stock on a one-for-one basis. These restricted stock units were granted under the Company's 2013 Omnibus Incentive Plan, as amended, in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the day immediately preceding the Company's 2027 annual meeting of shareholders.

Key Figures

New RSU grant: 12,726 RSUs RSU-to-share ratio: 1-for-1 RSU exercise: 16,393 shares +3 more

6 metrics

New RSU grant 12,726 RSUs Granted May 20, 2026 under 2013 Omnibus Incentive Plan

RSU-to-share ratio 1-for-1 Each RSU converts into one common share

RSU exercise 16,393 shares RSUs exercised into common stock on May 19, 2026

Common shares held after 52,142 shares Direct common stock holdings following Form 4 transactions

RSUs held after 12,726 RSUs Unvested restricted stock units outstanding after grant

Exercise price $0.00 per share Stated price for RSU conversion into common stock

Key Terms

Restricted Stock Units, 2013 Omnibus Incentive Plan, Rule 16b-3, annual meeting of shareholders, +1 more

5 terms

Restricted Stock Units financial

"These restricted stock units 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.

2013 Omnibus Incentive Plan financial

"These restricted stock units were granted under the Company's 2013 Omnibus Incentive Plan, as amended, in a transaction exempt under Rule 16b-3"

Rule 16b-3 regulatory

"were granted under the Company's 2013 Omnibus Incentive Plan, as amended, in a transaction exempt under Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

annual meeting of shareholders financial

"vest on the day immediately preceding the Company's 2027 annual meeting of shareholders."

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Bovenzi David

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01	05/19/2026		M		16,393	A	$0(1)	52,142	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
Restricted Stock Units	$0(1)	05/19/2026		M			16,393	05/19/2026	05/19/2026	Common Stock, par value $.01	16,393	$0	0	D
Restricted Stock Units	$0(1)	05/20/2026		A		12,726		(2)	(2)	Common Stock, par value $.01	12,726	$0	12,726	D

Explanation of Responses:

1. These restricted stock units convert into common stock on a one-for-one basis.

2. These restricted stock units were granted under the Company's 2013 Omnibus Incentive Plan, as amended, in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award notice, vest on the day immediately preceding the Company's 2027 annual meeting of shareholders.

	/s/ Roger W. Byrd, Attorney-in-Fact for David Bovenzi	05/21/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did KODK director David Bovenzi report?

David Bovenzi reported equity compensation-related transactions, not market trades. He exercised 16,393 restricted stock units into common stock and received a new grant of 12,726 restricted stock units, all at a stated price of $0.00 per unit or share.

How many Eastman Kodak (KODK) shares does David Bovenzi hold after these Form 4 transactions?

After the reported transactions, David Bovenzi directly holds 52,142 shares of Eastman Kodak common stock. In addition, he holds 12,726 restricted stock units that are scheduled to vest before the company’s 2027 annual shareholder meeting, subject to the grant’s award terms.

What are the terms of David Bovenzi’s new KODK restricted stock unit grant?

Bovenzi received 12,726 restricted stock units that convert into common stock on a one-for-one basis. The grant was issued under Eastman Kodak’s 2013 Omnibus Incentive Plan and, unless otherwise specified in the award notice, vests immediately before the 2027 annual shareholder meeting.

Did David Bovenzi buy or sell Eastman Kodak (KODK) shares on the open market?

The Form 4 shows no open-market purchases or sales. Instead, it reports a compensation grant of 12,726 restricted stock units and the exercise of 16,393 restricted stock units into common shares, both at a stated price of $0.00 per unit or share.

What does the RSU exercise in David Bovenzi’s KODK Form 4 mean?

The exercise converted 16,393 restricted stock units into the same number of Eastman Kodak common shares. That RSU grant balance fell to zero, while Bovenzi’s direct common share holdings increased to 52,142, illustrating a routine vesting and settlement of previously awarded equity compensation.