Form 4: Eastman Kodak CFO Reports Stock Transactions

David E. Bullwinkle, CFO and Senior Vice President of Eastman Kodak Co., reported transactions involving company stock, including the vesting of restricted and performance stock units.

Summary

• David E. Bullwinkle, CFO and Senior Vice President of Eastman Kodak Co. (KODK), has filed a Form 4 detailing recent transactions related to his beneficial ownership of company stock.
• The transactions occurred on May 17, 2026, and involved the vesting of restricted stock units (RSUs) and performance stock units (PSUs).
• 16,668 RSUs vested, resulting in 16,668 shares of common stock. Additionally, 50,000 PSUs vested, also converting to 50,000 shares of common stock.
• Shares were withheld to cover tax obligations related to the vesting of these units: 6,009 shares for RSUs and 18,025 shares for PSUs.
• Following these transactions, Bullwinkle beneficially owns 101,466 shares directly, with additional holdings through various stock options.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine executive stock transactions and vesting events without significant positive or negative financial implications disclosed.

Positives

• Vesting of 16,668 Restricted Stock Units (RSUs) on May 17, 2026, indicates continued incentive alignment for management.
• Vesting of 50,000 Performance Stock Units (PSUs) on May 17, 2026, suggests that performance targets were met, aligning with company goals.
• The reporting person holds a significant number of vested stock options, indicating long-term commitment and potential future upside.

Negatives

• Tax withholding obligations resulted in the withholding of 6,009 shares for RSUs and 18,025 shares for PSUs, reducing the net shares received by the reporting person.

Risks

• The vesting of performance stock units is contingent on the volume-weighted average price per share exceeding a specified price, indicating a risk if market conditions do not support this threshold.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance. However, the presence of vested stock options suggests potential future value realization for the reporting person.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive compensation and potential shifts in beneficial ownership within publicly traded companies like Eastman Kodak.

Stakeholder Impact

• Shareholders: The filing provides transparency into executive compensation and ownership, which can influence investor perception.
• Employees: Vesting of RSUs and PSUs can be a motivator for other employees if similar programs are in place.
• Management: The transactions reflect the executive's compensation structure and potential personal financial decisions.

Next Steps

• The reporting person may continue to hold or dispose of vested stock and options in accordance with applicable regulations and personal financial strategies.

Key Dates

Keywords

Eastman Kodak, KODK, Form 4, Insider Trading, Stock Options, Restricted Stock Units, Performance Stock Units, SEC Filing, Executive Compensation, Beneficial Ownership