Goodyear (GT) tech chief converts performance units and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The Goodyear Tire & Rubber Company senior vice president and chief technology officer Christopher P. Helsel reported equity award activity in company stock. On February 2, 2026, 23,865 common shares were acquired at an exercise price of $0 upon the conversion of 2022 Plan Performance Share Units, which are payable 100% in common stock.
On the same date, 11,530 common shares were withheld by the issuer at $9.33 per share to cover withholding taxes, as disclosed in the footnote. Following these transactions, Helsel directly beneficially owned 103,322 shares of Goodyear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,865 shares exercised/converted
Mixed
3 txns
Insider
Helsel Christopher P
Role
Sr VP & Chief Tech Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Performance Share Units | 23,865 | $0.00 | -- |
| Exercise | Common Stock | 23,865 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,530 | $9.33 | $108K |
Holdings After Transaction:
2022 Plan Performance Share Units — 0 shares (Direct);
Common Stock — 114,852 shares (Direct)
Footnotes (1)
- Shares of common stock withheld by the issuer for the payment of withholding taxes. This Form 4 reports the conversion of 96% of the base number of units granted, payable 100% in common stock.
FAQ
What insider transactions did GT executive Christopher P. Helsel report on February 2, 2026?
Christopher P. Helsel reported the acquisition of 23,865 Goodyear common shares at an exercise price of $0 from 2022 Plan Performance Share Units, and the withholding of 11,530 shares at $9.33 per share to satisfy tax obligations, leaving him with 103,322 directly owned shares.
What position does Christopher P. Helsel hold at Goodyear (GT) according to this Form 4?
Christopher P. Helsel is identified as an officer of Goodyear, serving as Senior Vice President & Chief Technology Officer. The Form 4 indicates he is not a director and not a ten percent owner, but reports his transactions as a company officer under Section 16 rules.