Form 4: Goodyear Director Max H Mitchell Reports Acquisition of Restricted Stock Units

Director Max H Mitchell reports the acquisition of 3,714 Restricted Stock Units (RSUs) of Goodyear Tire & Rubber Co.

Summary

• On January 2, 2025, Max H Mitchell, a director of Goodyear Tire & Rubber Co., acquired 3,714 Restricted Stock Units (RSUs).
• These RSUs were accrued to the Retainer Deferral Account as per the company's Outside Directors' Equity Participation Plan.
• Each RSU is valued at the closing market price on the transaction date.
• The price of each RSU is $8.75.
• Each RSU will be converted to a share of Common Stock on the fifth business day of the calendar quarter following the quarter of the Director's separation from Board service.
• As of the date of this statement, the total RSUs accrued to the Retainer Deferral Account of the reporting person is 3,714.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with shareholders. There are no indications of negative news or concerns.

Future Outlook

The RSUs will be converted to shares of common stock upon the director's separation from Board service, but the exact timing is not specified.

Industry Context

This filing reflects standard executive compensation practices, where directors receive equity-based compensation to align their interests with those of shareholders.

Stakeholder Impact

• The acquisition of RSUs by a director aligns their interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates