Form 4: Goodyear Executive Nathaniel Madarang Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Nathaniel Madarang, President of Asia Pacific at Goodyear Tire & Rubber Co, reports the acquisition and disposal of common stock related to the conversion of performance shares.

Summary

  • On February 4, 2025, Nathaniel Madarang, President of Asia Pacific at Goodyear Tire & Rubber Co, reported transactions involving Goodyear's common stock.
  • Madarang acquired 8,873 shares of common stock upon the conversion of performance shares, and simultaneously disposed of 3,993 shares to cover withholding taxes at a price of $8.66 per share.
  • Following these transactions, Madarang directly owns 30,991 shares of Goodyear common stock.

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 a common occurrence in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

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

Key Dates

DateDescription
03/04/2021Date of Power of Attorney previously filed with the SEC.
02/04/2025Date of stock transactions: acquisition of 8,873 shares via performance share conversion and disposal of 3,993 shares for tax withholding.
02/06/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Goodyear, Stock Transaction, Beneficial Ownership, Nathaniel Madarang, GT, Asia Pacific

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