Goodyear grants PSUs and RSUs to its CFO
Goodyear Tire & Rubber reported that EVP & Chief Financial Officer Christina L. Zamarro acquired equity awards under the 2022 Performance Plan.
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Rhea-AI Filing Summary
Goodyear Tire & Rubber reported that EVP & Chief Financial Officer Christina L. Zamarro acquired equity awards under the 2022 Performance Plan. She received 174,311 Performance Share Units, which are contingently payable 100% in common stock in February 2029 based on performance over a three-year period ending December 31, 2028, with the final payout ranging from 0% to 200% of the reported units and subject to a further ±20% adjustment tied to the company’s total shareholder return versus a peer group over the same period. She also received 130,733 Restricted Stock Units, which will vest and convert into common shares in 33% increments over three years commencing on March 1, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2022 Plan Performance Share Units | 174,311 | $0.00 | $0.00 |
| Grant/Award | 2022 Plan Restricted Stock Units | 130,733 | $0.00 | $0.00 |
Footnotes (2)
- F1. Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2029. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 3-year period ending December 31, 2028, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 3-year period ending December 31, 2028.
- F2. Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock in 33% increments over three years commencing on March 1, 2027.
FAQ
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What did Goodyear (GT) disclose about Christina L. Zamarro in this Form 4?
What Restricted Stock Units did Goodyear (GT) award to its CFO?
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