Form 4: Goodyear Executive Christopher R. Delaney Reports Stock Transactions

Christopher R. Delaney, President of EMEA at Goodyear Tire & Rubber Co, reports the conversion of performance shares and the withholding of shares for tax payments.

Summary

• On February 4, 2025, Christopher R. Delaney, President of EMEA at Goodyear Tire & Rubber Co, reported transactions involving Goodyear's common stock.
• Delaney converted 24,846 performance shares into common stock.
• The conversion was related to the 2017 Plan Performance Shares, with 69% of the base number of units granted being payable 100% in common stock.
• Additionally, 11,533 shares were withheld by Goodyear for the payment of withholding taxes at a price of $8.66 per share.
• Following these transactions, Delaney directly owns 178,782 shares of Goodyear common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports routine stock transactions related to executive compensation and tax obligations.

Industry Context

Executive stock transactions are a common occurrence and are regularly reported to the SEC. These transactions can provide insights into an executive's perspective on the company's performance and future prospects, but should be viewed in the context of their overall compensation and financial planning.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.

Key Dates

Keywords

Form 4, Goodyear, Stock transaction, Christopher R. Delaney, EMEA, Performance shares, Common stock, SEC filing