Goodyear director granted 25,605 RSUs
Goodyear Tire & Rubber director Roger Wood received a compensation grant of 25,605 Restricted Stock Units (RSUs) on April 13, 2026.
Rhea-AI Filing Summary
Goodyear Tire & Rubber director Roger Wood received a compensation grant of 25,605 Restricted Stock Units (RSUs) on April 13, 2026. Each RSU is equivalent to one share of common stock and is payable only in common stock under the company’s Outside Directors’ Equity Participation Plan.
The RSUs were valued at the fair market value of $7.03 per unit on the grant date. Each RSU will convert into a share of common stock on the earlier of one year from the grant date or the date of the 2027 annual meeting. Following this award, Wood directly holds 25,605 RSUs.
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Insider Trade Summary
Grant/Award: 25,605 shares
Grant/Award
1 txn
Insider
WOOD ROGER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
Holdings After Transaction:
Restricted Stock Units — 25,605 contracts (Direct)
Footnotes (2)
- 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").
- 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 earlier of one year from the date of grant and the date of the 2027 annual meeting.
Key Figures
RSUs granted: 25,605 units
Grant-date fair market value: $7.03 per unit
Underlying common shares: 25,605 shares
+2 more
5 metrics
RSUs granted
25,605 units
Restricted Stock Units awarded on April 13, 2026
Grant-date fair market value
$7.03 per unit
Closing market price on transaction date used to value RSUs
Underlying common shares
25,605 shares
Each RSU equivalent to one share of Goodyear common stock
Total RSUs held after award
25,605 units
Direct holdings following this Form 4-reported transaction
Transaction date
April 13, 2026
Grant date of RSU award to outside director
Key Terms
Restricted Stock Units, Outside Directors' Equity Participation Plan, fair market value, closing market price
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSU"), each equivalent to a share of the Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Outside Directors' Equity Participation Plan financial
"awarded pursuant to the Company's Outside Directors' Equity Participation Plan, as amended"
fair market value financial
"Each RSU was valued at the fair market value (the closing market price)"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
closing market price financial
"valued at the fair market value (the closing market price) on the Transaction Date"
FAQ
What did Roger Wood report in his Form 4 for GOODYEAR (GT)?
Roger Wood reported receiving 25,605 Restricted Stock Units as director compensation. Each RSU is equivalent to one share of Goodyear common stock and is payable only in stock under the Outside Directors’ Equity Participation Plan.
How many Goodyear (GT) RSUs did director Roger Wood receive?
Roger Wood received 25,605 Restricted Stock Units. These units were granted as equity compensation, each representing one share of common stock, and they increase his direct equity-based interest in Goodyear through stock-settled awards rather than a cash transaction.
At what value were Roger Wood’s Goodyear (GT) RSUs granted?
Each RSU was valued at the fair market value of Goodyear stock, defined as the closing market price of $7.03 on the transaction date. This price establishes the grant-date value used for the director’s equity compensation award.
Are Roger Wood’s Goodyear (GT) RSUs paid in cash or stock?
The RSUs are payable only in Goodyear common stock, not cash. Each unit represents the right to receive one share of common stock in the future, aligning director compensation with shareholder interests through equity rather than direct cash payments.
Under which plan were Roger Wood’s Goodyear (GT) RSUs granted?
The RSUs were granted under Goodyear’s Outside Directors’ Equity Participation Plan, as amended. This plan governs equity-based compensation for non-employee directors, providing stock-settled awards to align their interests with long-term company performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
