Goodyear director receives 25,605 RSUs, 9,523 vest
Goodyear Tire & Rubber director Hera K. Siu reported equity compensation activity involving restricted stock units (RSUs) and common shares.
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Rhea-AI Filing Summary
Goodyear Tire & Rubber director Hera K. Siu reported equity compensation activity involving restricted stock units (RSUs) and common shares. On April 13, 2026, 9,523 RSUs vested and were converted into 9,523 shares of common stock, exhausting this RSU award.
On the same date, Siu received a new grant of 25,605 RSUs under the company’s Outside Directors' Equity Participation Plan. Each RSU is equivalent to one share of common stock and was valued at the closing market price of $7.03 on the transaction date. These RSUs will convert into common stock on the earlier of one year from grant or the 2027 annual meeting, and Siu holds 25,605 RSUs and 9,523 common shares directly after these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,523 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
| Exercise | Common Stock | 9,523 | $0.00 | $0.00 |
Footnotes (3)
- 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. This Form 4 represents the vesting and conversion of RSUs granted April 14, 2025.
- F3. 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
vesting and conversion financial
fair market value financial
annual meeting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GT director Hera K. Siu report on April 13, 2026?
At what value were the new RSUs for Goodyear (GT) director Hera K. Siu granted?
When will Hera K. Siu’s new Goodyear (GT) RSUs convert into common stock?
What does it mean that Goodyear (GT) RSUs are payable only in common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.