Eastman Kodak Company’s SEC filings document financial results, governance matters, executive compensation, equity awards, pension-plan actions, and debt-related disclosures for the public manufacturer. Form 8-K reports furnish quarterly and annual operating results, including segment detail for Print and Advanced Materials & Chemicals, as well as material events such as the Kodak Retirement Income Plan reversion, creation of the Kodak Cash Balance Plan, and term-loan repayments.
Proxy materials describe annual meeting proposals, director elections, board independence, board leadership, committee structure, codes of conduct, executive compensation programs, employment arrangements, restricted stock units, and shareholder voting matters. Other current reports record leadership transitions and compensation changes affecting senior management roles.
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.
Eastman Kodak Company has entered into a new Executive Chairman and CEO Employment Agreement with James V. Continenza, effective January 1, 2026, extending his term through December 31, 2030. The agreement replaces his prior contract that was set to expire in February 2027.
Under the new deal, Mr. Continenza will receive a $1,200,000 annual base salary and is eligible for an annual cash incentive of up to 125% of base salary, subject to company performance and committee discretion. He received a renewal grant of 5 million RSUs vesting in equal annual installments over five years starting December 31, 2026, and is entitled to annual RSU awards valued at $2,500,000, split between time-vesting and performance-vesting units beginning in February 2027.
The agreement provides severance protections if his employment ends without cause or for good reason, including cash payments, pro-rated incentives, accelerated vesting of certain RSUs, and up to 18 months of COBRA coverage. It also requires at least 61 days’ notice before exercising specified stock options if such exercise would take his beneficial ownership above 4.99% of outstanding common stock.
EASTMAN KODAK CO Executive Chairman and CEO James V. Continenza received a grant of 5,000,000 restricted stock units on February 24, 2026. The RSUs convert into common stock on a one-for-one basis and, under the award terms, will vest annually in five equal installments starting on 12/31/2026.
The filing also reports Continenza’s existing equity interests, including holdings of restricted stock units with various vesting dates in 2026–2028, phantom stock units representing the right to receive common shares after board service ends, several fully vested stock option awards, and 3,050,896 shares of common stock held directly.
Eastman Kodak Company reported a change to the vesting terms of existing equity awards for executive Terry R. Taber. On February 12, 2026, the Board’s Compensation, Nominating and Governance Committee approved revisions to his restricted stock units (RSUs) granted on May 17, 2023.
The remaining 16,668 timing-vesting RSUs from the original 50,000-unit grant will stay in place and are scheduled to vest on May 17, 2026. In addition, 50,000 performance-vesting RSUs granted on May 17, 2023 will also remain outstanding and are scheduled to vest on May 17, 2026, provided the existing performance conditions are met.
Eastman Kodak executive Roger W. Byrd, General Counsel and Senior Vice President, exercised stock options for 15,000 shares of common stock on February 17, 2026. The options converted into common stock at a price of $3.03 per share through an option exercise.
As part of a net exercise, 8,107 shares of common stock at $7.72 per share were withheld to cover the option exercise price and tax withholding obligations, and he retained the remaining shares. After these transactions, he directly owned 96,164 shares of common stock.
Byrd also holds 8,334 restricted stock units and 25,000 performance stock units, both convertible into common stock on a one-for-one basis and scheduled to vest on May 17, 2026, with the performance units vesting only if a specified volume-weighted average price condition is met.
Eastman Kodak Executive Chairman and CEO James V. Continenza reported equity compensation activity on February 12, 2026. He acquired 122,549 and 56,079 shares of common stock at $0 per share upon vesting of performance-based restricted stock units granted under Kodak’s 2013 Omnibus Incentive Plan.
To cover tax withholding on these vestings, 4,173 and 2,103 shares were disposed of at $7.53 per share. Following these transactions, he directly beneficially owns 3,050,896 Kodak common shares. He also holds multiple restricted stock unit awards, phantom stock units and fully vested stock options, with RSUs scheduled to vest between 2026 and 2028 and options expiring on February 19, 2029.
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 3,732,945 shares of Eastman Kodak Co common stock, representing 3.9% of the class as of 12/31/2025. BlackRock has sole voting power over 3,679,040 shares and sole dispositive power over 3,732,945 shares, with no shared voting or dispositive power.
The filing states that these securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Eastman Kodak. It also notes that various underlying persons have rights to dividends or sale proceeds, but no single person has more than five percent of the outstanding common shares.
Eastman Kodak Company executive Roger W. Byrd, the General Counsel, Secretary and Senior Vice President, reported a stock option exercise and related share withholding. On 01/14/2026, he exercised a stock option for 70,000 shares of common stock at an exercise price of $3.09 per share, increasing his direct holdings to 129,266 shares immediately after the exercise.
On the same date, 39,995 shares of common stock were withheld at a price of $7.55 per share to cover the option exercise price and tax withholding obligations in a "net exercise". After this withholding, he directly owned 89,271 common shares. The option, granted under the Company’s 2013 Omnibus Incentive Plan and scheduled to expire on 01/15/2026, was exercised under a Board committee policy allowing net exercises within three months of expiration.
Byrd also reports holdings of 8,334 restricted stock units and 25,000 performance stock units, each convertible into common stock on a one-for-one basis and scheduled to vest on 05/17/2026, with the performance units and certain stock options vesting only if a volume-weighted average price condition is met. He additionally holds multiple vested or time- and performance-based stock options with exercise prices ranging from $3.03 to $12.50 and expirations including 02/19/2026, 02/19/2029 and 05/17/2030.
Eastman Kodak's CFO and Senior Vice President, David E. Bullwinkle, reported a stock option exercise and related share withholding. On 01/05/2026, he exercised 15,000 stock options with a conversion or exercise price of $3.03 per share, receiving common stock of the same amount. As part of a "net exercise," 9,421 common shares were withheld at a price of $8.42 per share to cover the option exercise price and tax withholding obligations, and he retained the remaining shares. Following these transactions, he directly owned 90,807 shares of common stock. He also held 16,668 restricted stock units that convert into common stock on a one-for-one basis and are scheduled to vest on 05/17/2026, and 50,000 performance stock units that will vest on 05/17/2026 if a specified volume-weighted average price condition is met.
Eastman Kodak Company Executive Chairman and CEO James V. Continenza reported multiple stock option exercises and related share withholdings on 12/19/2025. He exercised options to buy 1,150,000 and 981,707 shares of common stock at an exercise price of $3.03 per share. A total of 706,229 and 602,878 shares were withheld at a price of $8.33 per share to cover the option exercise price and tax withholding in a "net exercise," and he retained the remaining shares. Following these transactions, he directly beneficially owned 2,878,544 shares of common stock. He also reports holdings of restricted stock units that vest between 2026 and 2028, phantom stock representing 241,589 share-equivalent units, and additional stock options with exercise prices between $4.53 and $12 expiring on 02/19/2029.