Form 4: Goodyear CFO Zamarro Converts Performance Share Units

Goodyear's EVP & Chief Financial Officer, Christina L. Zamarro, converted 37,682 performance share units into common stock, with 17,710 shares withheld for tax obligations.

Summary

• Christina L. Zamarro, EVP & Chief Financial Officer of Goodyear Tire & Rubber Co., converted 37,682 performance share units (PSUs) into common stock on February 2, 2026.
• This conversion represents 96% of the base number of units granted under the 2022 Plan, payable entirely in common stock.
• Following the conversion, 17,710 shares of common stock were withheld by the issuer at a price of $9.33 per share to cover withholding taxes.
• After these transactions, Ms. Zamarro directly beneficially owns 75,109 shares of common stock and indirectly owns 548 shares through a 401(k) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It represents a routine vesting of executive compensation and subsequent tax withholding, which is a standard, non-discretionary transaction.

Positives

• The conversion of performance share units indicates that performance targets were met, leading to the vesting of these equity awards, aligning executive incentives with company performance.

Negatives

• No specific negative aspects are indicated by this routine vesting and tax withholding transaction.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine executive equity compensation vesting and tax withholding, as reported in this Form 4, is a standard practice across most publicly traded companies, particularly within the manufacturing and automotive supply sectors like Goodyear. These transactions typically reflect pre-determined compensation plans rather than discretionary trading decisions, thus having minimal direct implications for broader industry trends.

Related Party Transactions

• The conversion of performance share units and subsequent tax withholding are part of the executive compensation plan for Christina L. Zamarro, an executive officer of Goodyear.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation event. It confirms the vesting of executive equity, aligning management incentives with shareholder value.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

Goodyear, GT, Christina Zamarro, Form 4, SEC filing, insider transaction, performance share units, equity compensation, stock vesting, CFO