Goodyear (GT) VP and Controller awarded 23,219 RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GOODYEAR TIRE & RUBBER CO Vice President and Controller Margaret V. Snyder received a grant of 23,219 Restricted Stock Units under the 2022 Performance Plan. These RSUs represent the right to receive an equal number of common shares if vesting conditions are met.
The RSUs will vest and convert into common stock in 50% increments over two years, starting on August 10, 2027. Following this award, Snyder holds 23,219 RSUs directly, reflecting a compensation-related equity grant rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Snyder Margaret V
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2022 Plan Restricted Stock Units | 23,219 | $0.00 | -- |
Holdings After Transaction:
2022 Plan Restricted Stock Units — 23,219 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 23,219 units
RSUs post-transaction: 23,219 units
Vesting start date: August 10, 2027
+2 more
5 metrics
RSUs granted
23,219 units
2022 Performance Plan award to VP and Controller
RSUs post-transaction
23,219 units
Total Restricted Stock Units held directly after grant
Vesting start date
August 10, 2027
RSUs vest and convert into common stock beginning on this date
Vesting cadence
50% over two years
RSUs vest and convert into shares in 50% increments across two years
RSU exercise price
$0.00 per unit
Grant price for the 23,219 Restricted Stock Units
Key Terms
Restricted Stock Unit ("RSU"), 2022 Performance Plan, vest, Common Stock
4 terms
Restricted Stock Unit ("RSU") financial
"Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan."
2022 Performance Plan financial
"RSU grant under the 2022 Performance Plan. The RSUs will vest and convert..."
vest financial
"The RSUs will vest and convert into shares of common stock in 50% increments..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"underlying_security_title: "Common Stock" and will convert into shares of common stock..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Goodyear (GT) report for Margaret V. Snyder?
Goodyear reported that Vice President and Controller Margaret V. Snyder received a grant of 23,219 Restricted Stock Units under the 2022 Performance Plan. This is a compensation-related equity award rather than a market purchase or sale of existing Goodyear common shares.
How many Restricted Stock Units were granted to the Goodyear (GT) executive?
Margaret V. Snyder was granted 23,219 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Goodyear common stock, subject to vesting conditions set out in the 2022 Performance Plan and the specified vesting schedule starting in 2027.
Is the Goodyear (GT) Form 4 transaction a stock purchase or sale?
The Form 4 reports an acquisition of 23,219 Restricted Stock Units as a grant, not an open-market stock purchase or sale. It reflects compensation awarded under the 2022 Performance Plan, with future conversion into common shares upon vesting conditions being satisfied.
What is the nature of ownership for Margaret V. Snyder’s Goodyear (GT) RSUs?
The filing shows that Margaret V. Snyder holds the 23,219 Restricted Stock Units directly. The ownership code is listed as “D” for direct ownership, indicating these derivative securities are attributed personally rather than through an intermediary entity or indirect holding structure.