Form 4: Goodyear EVP & CFO Christina Zamarro Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Christina Zamarro, EVP & CFO of Goodyear Tire & Rubber Co, reports the vesting and subsequent disposal of performance shares to cover tax obligations.

Summary

  • On February 4, 2025, Christina L. Zamarro, the EVP & Chief Financial Officer of Goodyear Tire & Rubber Co, reported transactions involving Goodyear's common stock.
  • Zamarro acquired 3,992 shares of common stock upon the vesting of performance shares under the 2017 Plan.
  • Simultaneously, 1,424 shares were disposed of to cover withholding taxes at a price of $8.66 per share.
  • Following these transactions, Zamarro directly owns 32,940 shares of Goodyear common stock.
  • Additionally, Zamarro indirectly owns 551 shares through the 401(k) Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and provides transparency to investors.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates

DateDescription
12/20/22Date of Power of Attorney granted to Daniel T Young.
02/04/2025Date of stock transactions (acquisition and disposal of shares).
02/06/2025Date of Form 4 signature.

Keywords

Form 4, Goodyear Tire & Rubber Co, Christina Zamarro, EVP & CFO, Stock Transactions, Beneficial Ownership, Performance Shares, Common Stock, 401(k) Plan

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