Form 4: Goodyear Executive Nathaniel Madarang Reports Stock Transactions

Nathaniel Madarang, President of Asia Pacific at Goodyear, reports the vesting and conversion of Restricted Stock Units and subsequent stock transactions.

Summary

• On March 24, 2024, Nathaniel Madarang, President of Asia Pacific at Goodyear Tire & Rubber Co, reported transactions involving Goodyear's common stock.
• These transactions included the vesting and conversion of 15,634 Restricted Stock Units (RSUs) granted on March 24, 2021, resulting in the acquisition of 15,634 shares of common stock.
• Additionally, 7,036 shares were withheld by the issuer for the payment of withholding taxes at a price of $13.09 per share.
• Following these transactions, Madarang directly owns 26,111 shares of Goodyear common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. It's a neutral event in terms of overall company outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions reported in this filing provide transparency to shareholders regarding the stock ownership of a key executive.

Key Dates