[Form 4] GOODYEAR TIRE & RUBBER CO /OH/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber director Max H. Mitchell received a grant of 25,605 Restricted Stock Units (RSUs) valued at $7.03 per unit. These RSUs are equivalent to shares of Goodyear common stock and are payable only in common stock under the company’s Outside Directors’ Equity Participation Plan.
The RSUs are credited to Mitchell’s Restricted Stock Unit Deferral Account and will convert into common shares on the fifth business day of the calendar quarter following the quarter in which he leaves the board. After this award, his deferred RSU balance totals 79,675 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MITCHELL MAX H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
Holdings After Transaction:
Restricted Stock Units — 79,675 shares (Direct)
Footnotes (1)
- 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. 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. Total units accrued to the deferred equity accounts of the reporting person as of the date of this statement.