Form 4: Goodyear Executive Phillips Reports Stock Transactions
SEC Form 4 Filing
David Emmitt Phillips, Sr VP and General Counsel 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, David Emmitt Phillips, Sr VP and General Counsel of Goodyear Tire & Rubber Co, reported transactions involving the company's common stock.
- Phillips acquired 8,018 shares of common stock through the conversion of 2017 Plan Performance Shares.
- Simultaneously, Phillips disposed of 2,859 shares of common stock at a price of $8.66 per share to cover withholding taxes.
- Following these transactions, Phillips directly owns 5,159 shares of Goodyear common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
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 executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect an executive's stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 10/07/2019 | Date of Power of Attorney previously filed with the SEC. |
| 02/04/2025 | Date of stock transactions: acquisition and disposal of shares. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Goodyear Tire & Rubber Co, David Emmitt Phillips, Stock Transaction, Performance Shares, Beneficial Ownership, GT
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