Eastman Kodak CEO Continenza buys $287k in shares

Eastman Kodak Co (NYSE:KODK) Executive Chairman and CEO James V. Continenza acquired 50,000 shares of common stock on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $5.74, totaling $287,000. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.565 to $5.92, inclusive. According to InvestingPro data, this purchase comes as the stock has declined 18% in the past week and 25% over six months, with current trading at $5.83 slightly above its Fair Value.

Following the transaction, Continenza directly owns 1,902,011 shares of Eastman Kodak.

The filing also noted that Continenza holds a significant number of derivative securities, including restricted stock units, phantom stock, and stock options with various exercise prices and expiration dates.

In other recent news, Eastman Kodak Co. reported a net loss of $26 million for the second quarter of 2025, a significant shift from the $26 million net income it recorded in the same quarter the previous year. The company also experienced a 1% decline in revenue, bringing the total to $263 million. These financial results mark a notable change from Kodak’s performance last year, highlighting challenges the company is currently facing. The earnings report has drawn attention from investors and analysts, considering the contrasting financial outcomes year-over-year. While the company’s stock price saw fluctuations following the announcement, these movements are not the primary focus for investors. The developments underscore the importance of monitoring Kodak’s future financial strategies and operational adjustments. This recent performance may prompt analysts to reassess their outlook on Kodak, though specific upgrades or downgrades were not mentioned.

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