[Form 4] EASTMAN KODAK COMPANY Insider Trading Activity
GO EK Ventures IV, LLC, whose sole member is B. Thomas Golisano (a director and 10% owner), acquired 15,103,163 shares of Eastman Kodak common stock on 08/08/2025 by exchanging 1,241,871 shares of 5.00% Cumulative Series C Convertible Preferred Stock plus accrued and unpaid dividends. The parties agreed to an exchange price of $8.25 per share, and the Series C preferred converts into common stock on a ten-for-one basis.
Following the exchange, GO EK Ventures IV, LLC directly beneficially owns 15,103,163 common shares. The filing also discloses a separate disposition of 47,348 common shares by B. Thomas Golisano. The converted Series C preferred has no expiration date.
GO EK Ventures IV, LLC, il cui socio unico è B. Thomas Golisano (un direttore e proprietario del 10%), ha acquisito 15,103,163 azioni ordinarie di Eastman Kodak il 08/08/2025 scambiando 1,241,871 azioni della 5.00% Cumulative Series C Convertible Preferred Stock più dividendi maturati e non pagati. Le parti hanno concordato un prezzo di scambio di $8.25 per share, e le preferenziali di Series C si convertono in azioni ordinarie con un rapporto di conversione di dieci a uno.
A seguito dello scambio, GO EK Ventures IV, LLC detiene direttamente e a titolo beneficiario 15,103,163 azioni ordinarie. Il deposito segnala inoltre una cessione separata di 47,348 azioni ordinarie da parte di B. Thomas Golisano. Le azioni Series C convertite non hanno data di scadenza.
GO EK Ventures IV, LLC, cuyo miembro único es B. Thomas Golisano (un director y propietario del 10%), adquirió 15,103,163 acciones ordinarias de Eastman Kodak el 08/08/2025 mediante el intercambio de 1,241,871 acciones de la 5.00% Cumulative Series C Convertible Preferred Stock más dividendos devengados y no pagados. Las partes acordaron un precio de intercambio de $8.25 por acción, y las Series C preferentes se convierten en acciones ordinarias en una proporción de diez a uno.
Tras el intercambio, GO EK Ventures IV, LLC posee directa y beneficiariamente 15,103,163 acciones ordinarias. La presentación también revela una disposición separada de 47,348 acciones ordinarias por parte de B. Thomas Golisano. Las Series C convertidas no tienen fecha de vencimiento.
GO EK Ventures IV, LLC의 단독 구성원은 B. Thomas Golisano(이사 겸 10% 소유주)이며, 08/08/2025에 누적 미지급 배당금 포함하여 1,241,871주의 5.00% 누적 시리즈 C 전환우선주를 교환하여 15,103,163주의 Eastman Kodak 보통주를 취득했습니다. 당사자들은 주당 $8.25 per share의 교환 대가에 합의했으며, 시리즈 C 우선주는 10대1 비율로 보통주로 전환됩니다.
교환 이후 GO EK Ventures IV, LLC는 직접적으로 및 수익적으로 15,103,163주의 보통주를 보유합니다. 보고서에는 또한 B. Thomas Golisano의 47,348주 보통주의 별도 처분이 공시되어 있습니다. 전환된 시리즈 C 우선주는 만기일이 없습니다.
GO EK Ventures IV, LLC, dont le membre unique est B. Thomas Golisano (administrateur et détenteur de 10%), a acquis 15,103,163 actions ordinaires d'Eastman Kodak le 08/08/2025 en échange de 1,241,871 actions de la 5.00% Cumulative Series C Convertible Preferred Stock ainsi que des dividendes courus et impayés. Les parties ont convenu d'un prix d'échange de $8.25 par action, et les Series C privilégiées se convertissent en actions ordinaires au ratio de dix pour un.
À la suite de l'échange, GO EK Ventures IV, LLC détient directement et à titre bénéficiaire 15,103,163 actions ordinaires. Le dépôt révèle également une cession distincte de 47,348 actions ordinaires par B. Thomas Golisano. Les Series C converties n'ont pas de date d'expiration.
GO EK Ventures IV, LLC, dessen alleiniges Mitglied B. Thomas Golisano ist (ein Direktor und 10%-Eigentümer), erwarb am 08/08/2025 durch den Austausch von 1,241,871 Aktien der 5,00% Cumulative Series C Convertible Preferred Stock zuzüglich aufgelaufener, nicht gezahlter Dividenden insgesamt 15,103,163 Stammaktien von Eastman Kodak. Die Parteien einigten sich auf einen Umtauschpreis von $8.25 pro Aktie, und die Series C-Vorzugsaktien werden im Verhältnis zehn zu eins in Stammaktien umgewandelt.
Nach dem Tausch besitzt GO EK Ventures IV, LLC unmittelbar wirtschaftlich 15,103,163 Stammaktien. Die Meldung enthält außerdem eine separate Veräußerung von 47,348 Stammaktien durch B. Thomas Golisano. Die umgewandelten Series C-Vorzugsaktien haben kein Ablaufdatum.
- 15,103,163 common shares acquired by GO EK Ventures IV, LLC via exchange of Series C preferred and accrued dividends
- Exchange price disclosed at $8.25 per share and conversion mechanics stated as 10-for-1
- Series C preferred noted as having no expiration date, a clear contractual term disclosed
- None.
Insights
TL;DR: A large preferred-for-common exchange issued 15.1M KODK shares at $8.25, reflecting a 10-for-1 conversion of Series C preferred.
The Form 4 shows GO EK Ventures IV, LLC received 15,103,163 common shares in exchange for 1,241,871 Series C preferred shares and accrued dividends at an agreed exchange price of $8.25 per share. The Series C converts at ten common shares per preferred share and has no expiration. The report also records a separate disposition of 47,348 common shares by B. Thomas Golisano. These are factual ownership and conversion disclosures; the filing does not provide pro forma share counts or broader capitalization details.
TL;DR: Director and 10% owner effected a direct conversion of Series C preferred into common stock, with ownership changes disclosed.
The filing identifies reporting persons as GO EK Ventures IV, LLC and B. Thomas Golisano, each listed as a director and a 10% owner. The filing discloses the mechanics of the exchange: 1,241,871 Series C preferred exchanged for 15,103,163 common shares at an $8.25 exchange price and a stated 10-for-1 conversion ratio. The Series C has no expiration date. The Form 4 provides transparent reporting of beneficial ownership changes but does not include additional corporate governance actions or board approvals in the text provided.
GO EK Ventures IV, LLC, il cui socio unico è B. Thomas Golisano (un direttore e proprietario del 10%), ha acquisito 15,103,163 azioni ordinarie di Eastman Kodak il 08/08/2025 scambiando 1,241,871 azioni della 5.00% Cumulative Series C Convertible Preferred Stock più dividendi maturati e non pagati. Le parti hanno concordato un prezzo di scambio di $8.25 per share, e le preferenziali di Series C si convertono in azioni ordinarie con un rapporto di conversione di dieci a uno.
A seguito dello scambio, GO EK Ventures IV, LLC detiene direttamente e a titolo beneficiario 15,103,163 azioni ordinarie. Il deposito segnala inoltre una cessione separata di 47,348 azioni ordinarie da parte di B. Thomas Golisano. Le azioni Series C convertite non hanno data di scadenza.
GO EK Ventures IV, LLC, cuyo miembro único es B. Thomas Golisano (un director y propietario del 10%), adquirió 15,103,163 acciones ordinarias de Eastman Kodak el 08/08/2025 mediante el intercambio de 1,241,871 acciones de la 5.00% Cumulative Series C Convertible Preferred Stock más dividendos devengados y no pagados. Las partes acordaron un precio de intercambio de $8.25 por acción, y las Series C preferentes se convierten en acciones ordinarias en una proporción de diez a uno.
Tras el intercambio, GO EK Ventures IV, LLC posee directa y beneficiariamente 15,103,163 acciones ordinarias. La presentación también revela una disposición separada de 47,348 acciones ordinarias por parte de B. Thomas Golisano. Las Series C convertidas no tienen fecha de vencimiento.
GO EK Ventures IV, LLC의 단독 구성원은 B. Thomas Golisano(이사 겸 10% 소유주)이며, 08/08/2025에 누적 미지급 배당금 포함하여 1,241,871주의 5.00% 누적 시리즈 C 전환우선주를 교환하여 15,103,163주의 Eastman Kodak 보통주를 취득했습니다. 당사자들은 주당 $8.25 per share의 교환 대가에 합의했으며, 시리즈 C 우선주는 10대1 비율로 보통주로 전환됩니다.
교환 이후 GO EK Ventures IV, LLC는 직접적으로 및 수익적으로 15,103,163주의 보통주를 보유합니다. 보고서에는 또한 B. Thomas Golisano의 47,348주 보통주의 별도 처분이 공시되어 있습니다. 전환된 시리즈 C 우선주는 만기일이 없습니다.
GO EK Ventures IV, LLC, dont le membre unique est B. Thomas Golisano (administrateur et détenteur de 10%), a acquis 15,103,163 actions ordinaires d'Eastman Kodak le 08/08/2025 en échange de 1,241,871 actions de la 5.00% Cumulative Series C Convertible Preferred Stock ainsi que des dividendes courus et impayés. Les parties ont convenu d'un prix d'échange de $8.25 par action, et les Series C privilégiées se convertissent en actions ordinaires au ratio de dix pour un.
À la suite de l'échange, GO EK Ventures IV, LLC détient directement et à titre bénéficiaire 15,103,163 actions ordinaires. Le dépôt révèle également une cession distincte de 47,348 actions ordinaires par B. Thomas Golisano. Les Series C converties n'ont pas de date d'expiration.
GO EK Ventures IV, LLC, dessen alleiniges Mitglied B. Thomas Golisano ist (ein Direktor und 10%-Eigentümer), erwarb am 08/08/2025 durch den Austausch von 1,241,871 Aktien der 5,00% Cumulative Series C Convertible Preferred Stock zuzüglich aufgelaufener, nicht gezahlter Dividenden insgesamt 15,103,163 Stammaktien von Eastman Kodak. Die Parteien einigten sich auf einen Umtauschpreis von $8.25 pro Aktie, und die Series C-Vorzugsaktien werden im Verhältnis zehn zu eins in Stammaktien umgewandelt.
Nach dem Tausch besitzt GO EK Ventures IV, LLC unmittelbar wirtschaftlich 15,103,163 Stammaktien. Die Meldung enthält außerdem eine separate Veräußerung von 47,348 Stammaktien durch B. Thomas Golisano. Die umgewandelten Series C-Vorzugsaktien haben kein Ablaufdatum.