other material
confidence medium
sentiment positive
materiality 0.55
Kodak closes pension annuity purchase with Metropolitan Tower Life Insurance
EASTMAN KODAK CO
- On October 21, 2025, Kodak closed the purchase of an Annuity Contract from Metropolitan Tower Life Insurance Company for its KRIP pension plan.
- Transaction previously announced on October 14, 2025 via a Commitment Agreement; independent fiduciary State Street Global Advisors acted for KRIP.
- Closing transfers pension plan assets to the insurer, reducing Kodak's pension obligations and future risk.