Form 4: Goodyear Director Acquires RSUs
Insider Transaction Report
Goodyear Director Jason J. Winkler acquired 5,417 Restricted Stock Units (RSUs) on July 1, 2026, as part of the company's Outside Director's Equity Participation Plan.
Summary
- Jason J. Winkler, a Director at Goodyear Tire & Rubber Co., acquired 5,417 Restricted Stock Units (RSUs) on July 1, 2026.
- These RSUs were accrued under the Company's Outside Director's Equity Participation Plan.
- Each RSU was valued at the fair market value (closing market price) on the transaction date, which was $6.46 per RSU.
- The RSUs will convert to shares of Common Stock on the fifth business day of the calendar quarter following the director's separation from the Board.
- Following this transaction, Winkler beneficially owns a total of 24,178 RSUs in his Retainer Deferral Account.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director rather than a significant strategic or financial development.
Positives
- Director's continued investment and participation in the company's equity incentive plan.
- The acquisition of RSUs aligns the director's interests with those of shareholders.
- The value of the RSUs is tied to the company's stock performance.
Risks
- The value of the acquired RSUs is subject to market fluctuations and could decrease if the company's stock price declines.
- The conversion of RSUs to common stock is contingent on the director's continued service and eventual separation from the Board.
Future Outlook
The acquired RSUs will convert into shares of Common Stock on the fifth business day of the calendar quarter following the director's separation from the Board.
Industry Context
StockSavvy.ai notes that the acquisition of RSUs by a director is a common practice in the automotive industry, aligning executive and director compensation with long-term shareholder value and company performance.
Stakeholder Impact
- Shareholders: The alignment of director compensation with stock performance can be viewed positively, as it incentivizes directors to act in the best interest of shareholders.
- Directors: The RSU acquisition is part of the director's compensation package, reflecting their role and responsibilities.
Next Steps
- Conversion of RSUs to common stock upon director's separation from the Board.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of Power of Attorney filed with the SEC authorizing attorney-in-fact to sign Form 4. |
| 07/01/2026 | Transaction date for the acquisition of Restricted Stock Units (RSUs). |
| 07/02/2026 | Date of signature for the Form 4 filing. |
Keywords
Goodyear Tire & Rubber Co, GT, Form 4, SEC Filing, Insider Trading, Restricted Stock Units, RSUs, Equity Participation Plan, Director Compensation, Beneficial Ownership
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