Goodyear (GT) Asia Pacific president logs RSU vesting and tax share disposals
Rhea-AI Filing Summary
Goodyear Tire & Rubber executive Nathaniel Madarang reported RSU vesting and related tax transactions. On February 27, 2026, restricted stock units granted on February 27, 2023 vested and converted into 28,921 shares of common stock, with 13,015 shares withheld at $8.25 per share to cover taxes.
On March 1, 2026, additional RSUs granted on February 26, 2024 and February 24, 2025 vested, leading to derivative exercises totaling 12,258 and 10,161 RSUs and the acquisition of 22,419 common shares. To satisfy withholding taxes, 10,090 shares were disposed of at $8.25 per share. After these transactions, Madarang directly owned 85,596 shares of Goodyear common stock.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no clear thesis change.
The transactions reflect restricted stock units granted in 2023, 2024, and 2025 vesting and converting into Goodyear common stock. Code M entries show RSU exercises, while code F entries show shares withheld to pay taxes at $8.25 per share.
Because the dispose transactions are tax-withholding dispositions, not open-market sales, they do not signal voluntary selling pressure. Overall, these equity-compensation events are typical for a regional president-level executive and, by themselves, are unlikely to materially alter a sophisticated investor’s view of Goodyear.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Restricted Stock Units | 12,258 | $0.00 | -- |
| Exercise | 2022 Plan Restricted Stock Units | 10,161 | $0.00 | -- |
| Exercise | Common Stock | 22,419 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,090 | $8.25 | $83K |
| Exercise | 2022 Plan Restricted Stock Units | 28,921 | $0.00 | -- |
| Exercise | Common Stock | 28,921 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,015 | $8.25 | $107K |
Footnotes (1)
- Shares of common stock withheld by the issuer for the payment of withholding taxes. This Form 4 reports the vesting and conversion of Restricted Stock Units ("RSUs") granted February 27, 2023. This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 24, 2025. This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 26, 2024.