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AI brief of an SEC Form 8-K · EASTMAN KODAK CO (KODK)

Kodak Raises Pay for Several Executives, Including CFO Bullwinkle and General Counsel Byrd

Neutral Impact 2 of 5 shareholder Written later

Eastman Kodak's compensation committee approved higher base salaries and target bonuses for several senior executives, including Chief Financial Officer David Bullwinkle, General Counsel Roger Byrd and Chief Accounting Officer Richard Michaels. The filing also changes how Bullwinkle's and Byrd's annual incentive awards are paid, with 30% of the amount earned to come as restricted stock units. The filing does not describe any company financial results, so the direct effect on shareholders is limited to the cost of higher executive pay.

Key points

  • Byrd's base salary rose to $400,000 and Michaels's to $305,000, effective January 1, 2026, with back pay to be paid in November 2026.
  • Target annual incentive for Bullwinkle and Byrd is 50% of base salary; for Michaels it is 35%, effective for fiscal 2026 and payable in 2027.
  • For Bullwinkle and Byrd, 70% of the incentive earned will be paid in cash and 30% in restricted stock units vesting December 31 of the grant year.

The filing

CompanyEASTMAN KODAK CO (KODK)
Form8-K, current report
Filed with the SECNov 5, 2026, 5:01 PM ET
Accession number0001193125-26-450091

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.