Form 4: Goodyear Director Laurette Koellner Receives RSU Grant

Director Laurette Koellner was granted 25,605 restricted stock units as part of Goodyear's Outside Directors' Equity Participation Plan.

Summary

• Laurette Koellner, a Director at Goodyear Tire & Rubber Co, received an award of 25,605 Restricted Stock Units (RSUs).
• The grant was issued on April 13, 2026, at a fair market value of $7.03 per unit.
• These units are held in a deferred equity account and will convert to common stock following the director's separation from the Board.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation practices with no impact on company operations.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified; this is a standard equity compensation disclosure.

Risks

• None identified; this is a routine administrative filing regarding director compensation.

Future Outlook

The RSUs will convert to common stock on the fifth business day of the calendar quarter following the director's separation from Board service.

Management Comments

• The award was made pursuant to the Company's Outside Directors' Equity Participation Plan.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice designed to ensure directors maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of deferred equity accounts for directors is consistent with standard governance practices among S&P 500 manufacturing companies.
• The grant structure aligns with typical compensation packages for non-executive directors in the automotive supply sector.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation.

Next Steps

• The director will continue to hold these units in a deferred account until separation from the Board.

Key Dates

Keywords

Goodyear, GT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units