Goodyear (GT) CFO converts 37,682 PSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber EVP and CFO Christina L. Zamarro reported equity-based transactions involving company stock. On February 2, 2026, 37,682 2022 Plan Performance Share Units converted into the same number of Goodyear common shares at an exercise price of $0, payable entirely in stock.
To cover withholding taxes, 17,710 common shares were withheld by Goodyear at $9.33 per share. After these events, Zamarro directly owned 75,109 Goodyear common shares and had 548 additional shares allocated indirectly through the company’s salaried employees 401(k) plan as of February 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
37,682 shares exercised/converted
Mixed
4 txns
Insider
Zamarro Christina L
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Performance Share Units | 37,682 | $0.00 | -- |
| Exercise | Common Stock | 37,682 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,710 | $9.33 | $165K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2022 Plan Performance Share Units — 0 shares (Direct);
Common Stock — 92,819 shares (Direct);
Common Stock — 548 shares (Indirect, 401(k) Plan)
Footnotes (1)
- Shares of common stock withheld by the issuer for the payment of withholding taxes. Total number of shares of common stock allocated to the account of the reporting person in a Trust established under Goodyear's Employee Savings Plan for Salaried Employees, 401(K) Plan, as of February 2, 2026, as reported by the Plan Trustee. This Form 4 reports the conversion of 96% of the base number of units granted, payable 100% in common stock.
FAQ
What insider transaction did GT CFO Christina Zamarro report on February 2, 2026?
Christina L. Zamarro reported the conversion of 37,682 2022 Plan Performance Share Units into 37,682 Goodyear common shares at an exercise price of $0. The units were payable 100% in stock, reflecting performance-based equity compensation vesting.
Were any derivative securities left after the GT CFO’s performance units converted?
No derivative securities remained from this grant after conversion. The Form 4 shows that 37,682 performance share units converted into 37,682 common shares at $0 exercise price, leaving zero derivative units beneficially owned following the reported transaction.
How is Christina Zamarro’s 401(k) holding in Goodyear (GT) stock reported?
The Form 4 reports 548 Goodyear common shares allocated to Christina Zamarro’s account in a trust under Goodyear’s Employee Savings Plan for Salaried Employees, the 401(k) plan, as of February 2, 2026. These shares are listed as indirectly owned through the plan.