Goodyear (GT) VP Snyder converts performance units and withholds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber vice president and controller Margaret V. Snyder reported the conversion of performance share units into common stock and related tax withholding transactions. On February 2, 2026, 4,333 2022 Plan Performance Share Units converted into 4,333 shares of common stock at $0 per share, leaving no units outstanding.
On the same date, 2,186 shares of common stock were withheld by Goodyear at $9.33 per share to cover taxes, resulting in 4,512 common shares held directly by Snyder. In addition, 2,005 common shares were held indirectly through the spouse’s account in Goodyear’s salaried employees 401(k) plan as of February 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,333 shares exercised/converted
Mixed
4 txns
Insider
Snyder Margaret V
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Performance Share Units | 4,333 | $0.00 | -- |
| Exercise | Common Stock | 4,333 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,186 | $9.33 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2022 Plan Performance Share Units — 0 shares (Direct);
Common Stock — 6,698 shares (Direct);
Common Stock — 2,005 shares (Indirect, 401(k) Plan by Spouse)
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 spouse 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 Goodyear (GT) executive Margaret V. Snyder report?
Margaret V. Snyder reported the conversion of 4,333 2022 Plan Performance Share Units into 4,333 shares of Goodyear common stock. The units converted at $0 per share and were payable entirely in stock, reflecting settlement of a performance-based equity award.
What indirect Goodyear (GT) holdings are reported for Snyder’s household?
The Form 4 reports 2,005 Goodyear common shares held indirectly through Snyder’s spouse. These are allocated to the spouse’s account in Goodyear’s Employee Savings Plan for Salaried Employees, a 401(k) plan, as of February 2, 2026.
What does the 96% figure in Snyder’s Goodyear (GT) Form 4 footnote mean?
A footnote explains the Form 4 reports conversion of 96% of the base number of performance share units granted. The award is payable 100% in Goodyear common stock, and the reported 4,333 units represent the portion that vested and converted.
What role does Margaret V. Snyder hold at Goodyear (GT) in this Form 4?
The filing identifies Margaret V. Snyder as an officer of Goodyear, serving as Vice President and Controller. This role makes her a reporting person under Section 16 rules, requiring disclosure of equity awards and related share transactions.