Goodyear director gets RSU grant, shares vest
Goodyear Tire & Rubber director James A. Firestone reported equity compensation activity involving restricted stock units (RSUs) and common stock.
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Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber director James A. Firestone reported equity compensation activity involving restricted stock units (RSUs) and common stock. On April 13, 2026, 19,047 RSUs vested and were converted into 19,047 shares of Goodyear common stock.
On the same date, Firestone received a new award of 25,605 RSUs, each valued at $7.03, under Goodyear's Outside Directors' Equity Participation Plan. Each RSU is equivalent to one share of common stock, payable only in stock, and will convert to common shares on the earlier of one year from grant or the date of the 2027 annual meeting.
Insider Trade Summary
19,047 shares exercised/converted
Exercise
3 txns
Insider
FIRESTONE JAMES A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,047 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
| Exercise | Common Stock | 19,047 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 25,605 contracts (Direct);
Common Stock — 19,047 shares (Direct)
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 2027 annual meeting.
Key Figures
RSUs exercised: 19,047 units
Common shares acquired: 19,047 shares
New RSU grant: 25,605 units
+3 more
6 metrics
RSUs exercised
19,047 units
Restricted Stock Units vested and converted on April 13, 2026
Common shares acquired
19,047 shares
Shares of Goodyear common stock received from RSU conversion
New RSU grant
25,605 units
Awarded under Outside Directors' Equity Participation Plan
RSU valuation price
$7.03 per RSU
Fair market value (closing market price) on transaction date
Post-grant RSU holdings
25,605 units
Total restricted stock units held directly after new award
Post-conversion common shares
19,047 shares
Direct ownership after RSUs converted to common stock
Key Terms
Restricted Stock Units, Outside Directors' Equity Participation Plan, vesting and conversion, fair market value, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSU"), each equivalent to a share of the Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Outside Directors' Equity Participation Plan financial
"awarded pursuant to the Company's Outside Directors' Equity Participation Plan, as amended"
vesting and conversion financial
"This Form 4 represents the vesting and conversion of RSUs granted April 14, 2025"
fair market value financial
"Each RSU was valued at the fair market value (the closing market price) on the Transaction Date"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
annual meeting financial
"converted to a share of Common Stock on the earlier of one year from the date of grant and the date of 2027 annual meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Goodyear (GT) director James A. Firestone report on this Form 4?
James A. Firestone reported routine equity compensation activity, including RSU vesting and a new RSU grant. 19,047 restricted stock units converted into common stock, and he received 25,605 new RSUs under Goodyear’s Outside Directors’ Equity Participation Plan as part of his director compensation.
What is the size and value basis of James A. Firestone’s new RSU grant at Goodyear (GT)?
Firestone received a new grant of 25,605 restricted stock units, each valued at $7.03 on the transaction date. Every RSU is equivalent to one share of Goodyear common stock and represents additional stock-based compensation for his service as an outside director.
When will James A. Firestone’s new Goodyear (GT) RSUs convert into common stock?
The new RSUs will convert into Goodyear common stock on the earlier of one year from the grant date and the date of the 2027 annual meeting. At conversion, each RSU will be settled in one share of Goodyear common stock, payable only in stock.
Under what plan were James A. Firestone’s Goodyear (GT) RSUs granted?
The restricted stock units were granted under Goodyear’s Outside Directors’ Equity Participation Plan, as amended. This plan provides equity-based compensation to non-employee directors, with each RSU equal to one share of Goodyear common stock and payable solely in stock upon conversion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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