Goodyear director receives new RSU awards
Goodyear Tire & Rubber director Jason J. Winkler reported compensation-related equity awards, not open-market trading.
Rhea-AI Filing Summary
Goodyear Tire & Rubber director Jason J. Winkler reported compensation-related equity awards, not open-market trading. The filing shows two separate grants of 12,802 Restricted Stock Units (RSUs) each, valued at the closing market price of $7.03 per unit on the grant date.
One RSU grant was accrued to Winkler’s Restricted Stock Unit Deferral Account under the company’s Outside Directors’ Equity Participation Plan, bringing total deferred equity units there to 46,483 as of this statement. These deferred RSUs convert into common stock after he separates from Board service, on the fifth business day of the calendar quarter following that separation.
The other 12,802-unit RSU award will convert into common stock on the earlier of one year from the grant date or the date of the 2027 annual meeting. All RSUs are payable only in Goodyear common stock, so the transactions increase Winkler’s equity-based exposure without involving cash purchases or sales in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,802 | $7.03 | $90K |
| Grant/Award | Restricted Stock Units | 12,802 | $7.03 | $90K |
Footnotes (5)
- F1. Restricted Stock Units ("RSU"), each equivalent to a share of the Common Stock of the Company and payable only in Common Stock, awarded pursuant to the Company's Outside Directors' Equity Participation Plan, as amended (the "Plan"), and accrued to the Restricted Stock Unit Deferral Account of the reporting person in accordance with the Plan.
- F2. Each RSU was valued at the fair market value (the closing market price) on the Transaction Date. Each RSU will be converted to a share of Common Stock on the fifth business day of the calendar quarter following the quarter of the Director's separation from Board service.
- F3. Total units accrued to the deferred equity accounts of the reporting person as of the date of this statement.
- F4. RSU awarded pursuant to the Plan.
- F5. Each RSU was valued at the fair market value (the closing market price) on the Transaction Date. Each RSU will be converted to a share of Common Stock on the earlier of one year from the date of grant and the date of the 2027 annual meeting.
Key Figures
Key Terms
Restricted Stock Units financial
Outside Directors' Equity Participation Plan financial
Restricted Stock Unit Deferral Account financial
FAQ
What did Jason J. Winkler report in his latest Form 4 for GT?
How many Goodyear RSUs were granted to director Jason J. Winkler?
At what price were Jason J. Winkler’s Goodyear RSUs valued?
When will Jason J. Winkler’s deferred Goodyear RSUs convert to common stock?
What are the conversion terms for Jason J. Winkler’s 2026 Goodyear RSU award?
How many total deferred Goodyear RSUs does Jason J. Winkler hold?
AI-generated analysis. How Rhea-AI works. Not financial advice.