Form 4: Jason Winkler Receives Goodyear RSU Grant

Sentiment:

Director Equity Grant


Director Jason J. Winkler acquired 5,216 restricted stock units as part of the Goodyear Tire & Rubber Co. Outside Director's Equity Participation Plan.

Summary

  • Director Jason J. Winkler was granted 5,216 restricted stock units (RSUs) on April 1, 2026.
  • The grant was made pursuant to an election by the director to the Retainer Deferral Account under the Company's Outside Director's Equity Participation Plan.
  • Each RSU is valued at the closing market price of $6.71 on the transaction date.
  • The total number of RSUs held by the director following this transaction is 18,761.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

  • Director alignment with shareholder interests through equity-based compensation.
  • Demonstrates long-term commitment to the company by deferring compensation.

Negatives

  • None identified in this filing.

Risks

  • Value of equity holdings is subject to market volatility of Goodyear common stock.

Future Outlook

The RSUs will convert to shares of common stock on the fifth business day of the calendar quarter following the director's separation from Board service.

Industry Context

StockSavvy.ai notes that director equity deferral programs are standard corporate governance practices designed to align board member incentives with long-term shareholder value in the automotive and manufacturing sectors.

Comparison to Industry Standards

  • The use of RSU deferral plans is consistent with compensation practices at major industrial firms like Bridgestone and Continental AG.
  • The structure of the grant follows standard SEC Section 16 reporting requirements for equity-based director compensation.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Equity ParticipationDirector elected to defer retainer into RSUs under the Outside Director's Equity Participation Plan.04/01/2026Increases director's equity stake in the company.

Stakeholder Impact

  • Shareholders: Positive alignment of director interests with company performance.
  • Director: Increased long-term equity exposure to Goodyear.

Next Steps

  • Conversion of RSUs to common stock upon the director's eventual departure from the Board.

Key Dates

DateDescription
05/13/2025Date of Power of Attorney for Daniel T. Young.
04/01/2026Date of RSU grant transaction.
04/02/2026Date of filing.

Keywords

Goodyear, GT, Director Compensation, Restricted Stock Units, Insider Transaction, Equity Participation

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