Goodyear VP Snyder exercises 6,805 RSUs, withholds shares
Goodyear Tire & Rubber Vice President and Controller Margaret V. Snyder reported a routine equity compensation event involving restricted stock units and common shares.
Rhea-AI Filing Summary
Goodyear Tire & Rubber Vice President and Controller Margaret V. Snyder reported a routine equity compensation event involving restricted stock units and common shares. On March 31, 2026, 6,805 Restricted Stock Units granted March 31, 2023 vested and converted into 6,805 shares of common stock.
To cover withholding taxes, 3,073 common shares were withheld by the issuer at $6.63 per share, rather than sold in the open market. After these transactions, Snyder directly owns 12,622 common shares and has indirect beneficial ownership of 2,268 additional shares held in her spouse’s 401(k) plan as of March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,805 shares exercised/converted
Exercise
4 txns
Insider
Snyder Margaret V
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Restricted Stock Units | 6,805 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,805 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,073 | $6.63 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2022 Plan Restricted Stock Units — 0 contracts (Direct);
Common Stock — 12,622 shares (Direct);
Common Stock — 2,268 shares (Indirect, 401(k) Plan by Spouse)
Footnotes (3)
- F1. Shares of common stock withheld by the issuer for the payment of withholding taxes.
- F2. 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 March 31, 2026 as reported by the Plan Trustee.
- F3. This Form 4 reports the vesting and conversion of the Restricted Stock Units ("RSUs") granted March 31, 2023.
Key Figures
RSUs vested and converted: 6,805 units/shares
Shares withheld for taxes: 3,073 shares
Tax withholding price: $6.63 per share
+4 more
7 metrics
RSUs vested and converted
6,805 units/shares
Restricted Stock Units granted March 31, 2023; vested March 31, 2026
Shares withheld for taxes
3,073 shares
Common stock withheld by issuer for withholding taxes at $6.63 per share
Tax withholding price
$6.63 per share
Price applied to 3,073 withheld common shares on March 31, 2026
Direct holdings after transactions
12,622 shares
Goodyear common stock directly owned by Snyder following March 31, 2026 events
Indirect 401(k) holdings
2,268 shares
Shares in spouse’s account under Goodyear Employee Savings Plan 401(k) as of March 31, 2026
Derivative exercises
6,805 RSUs
Exercise or conversion of derivative security, transaction code M
Tax-withholding shares count
3,073 shares
Tax-withholding disposition, transaction code F
Key Terms
Restricted Stock Units, tax-withholding disposition, Employee Savings Plan for Salaried Employees, 401(k) Plan, +1 more
5 terms
Restricted Stock Units financial
"This Form 4 reports the vesting and conversion of the Restricted Stock Units ("RSUs") granted March 31, 2023."
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Savings Plan for Salaried Employees financial
"allocated to the account of the spouse ... in a Trust established under Goodyear's Employee Savings Plan for Salaried Employees, 401(k) Plan"
401(k) Plan financial
"Employee Savings Plan for Salaried Employees, 401(k) Plan, as of March 31, 2026"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transaction did GT executive Margaret V. Snyder report?
Margaret V. Snyder reported vesting and conversion of 6,805 Restricted Stock Units into Goodyear common stock. The RSUs were originally granted on March 31, 2023 and vested on March 31, 2026, increasing her direct equity stake before tax withholding adjustments.
What type of derivative security was involved in Snyder’s GT Form 4 filing?
The filing involves 2022 Plan Restricted Stock Units, a form of equity-based compensation. On March 31, 2026, 6,805 of these RSUs vested and were converted into the same number of Goodyear common shares, with an exercise or conversion price of $0.00 per unit.
How are Snyder’s indirect Goodyear (GT) holdings structured in this filing?
Indirect holdings total 2,268 Goodyear common shares allocated to her spouse’s account. These are held in a trust under Goodyear’s Employee Savings Plan for Salaried Employees, a 401(k) plan, as reported by the plan trustee as of March 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
