secwatch.observer — SEC 8-K summary
======================================

Issuer:     EASTMAN KODAK CO (KODK)
CIK:        0000031235
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0000950170-25-002845
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.01, 1.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Kodak pension trust completes sale of $752.8M illiquid assets to Mastercard Foundation for $540.6M
--------------------------------------------------------------------------------

- Trust sold KRIP illiquid assets with $752.8M NAV to Mastercard Foundation on Dec 31, 2024, receiving $540.6M gross proceeds.
- Four other investors bought $87.3M NAV KRIP illiquid assets for $61.7M; $9M of proceeds deferred to Dec 31, 2025.
- Two private equity interests failed to transfer due to consent issues and right of first refusal; one immaterial interest sold separately.
- After closings, Trust holds $169.4M NAV in remaining illiquid assets as of Sep 30, 2024.
- Hedge fund assets received $163.1M in distributions Oct–Dec 2024; NAV at Dec 31 not yet available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31235/000095017025002845/0000950170-25-002845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31235/000095017025002845/kodk-20241231.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-002845

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer