Goodyear (GT) VP and Controller receives new performance share and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber reported equity awards for Vice President and Controller Margaret V. Snyder. She received 20,642 2022 Plan Performance Share Units, which may pay out in common stock in February 2029 based on performance from 2026–2028 and a total shareholder return adjustment.
She also received 15,481 2022 Plan Restricted Stock Units. These RSUs will vest and convert into common shares in three roughly equal 33% installments over three years starting on March 1, 2027, aligning her compensation with future company performance and share price.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Snyder Margaret V
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2022 Plan Performance Share Units | 20,642 | $0.00 | -- |
| Grant/Award | 2022 Plan Restricted Stock Units | 15,481 | $0.00 | -- |
Holdings After Transaction:
2022 Plan Performance Share Units — 20,642 shares (Direct);
2022 Plan Restricted Stock Units — 15,481 shares (Direct)
Footnotes (1)
- 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. 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
What equity awards did Goodyear (GT) grant to Margaret V. Snyder?
Goodyear granted Margaret V. Snyder 20,642 2022 Plan Performance Share Units and 15,481 2022 Plan Restricted Stock Units. Both awards are stock-based compensation that tie her future compensation to company performance and Goodyear’s common share value over multi‑year periods.
When will Margaret V. Snyder’s Goodyear restricted stock units vest?
The 15,481 Restricted Stock Units vest in 33% increments over three years starting March 1, 2027. Each vested tranche converts into Goodyear common shares, creating a staggered, long-term incentive that encourages continued service and alignment with shareholder interests over several years.