Goodyear director granted 25,605 RSUs in stock
Goodyear Tire & Rubber Company director Joseph R. Hinrichs received a grant of 25,605 Restricted Stock Units (RSUs) on Common Stock, awarded as director compensation.
Rhea-AI Filing Summary
Goodyear Tire & Rubber Company director Joseph R. Hinrichs received a grant of 25,605 Restricted Stock Units (RSUs) on Common Stock, awarded as director compensation. The RSUs were valued at the closing market price of $7.03 per share on the grant date.
Each RSU is payable only in Common Stock and will convert into one share on the earlier of one year from the grant date or the company’s 2027 annual meeting. Following this grant, Hinrichs holds 25,605 RSUs directly under Goodyear’s Outside Directors’ Equity Participation Plan.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
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
Key Terms
Restricted Stock Units financial
Outside Directors' Equity Participation Plan financial
fair market value financial
FAQ
What insider transaction did GT director Joseph Hinrichs report?
How many Goodyear (GT) RSUs did Joseph Hinrichs receive and at what value?
Are Joseph Hinrichs’ RSUs in GT payable in cash or stock?
Is this GT Form 4 transaction an open-market buy or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.