[Form 4] GOODYEAR TIRE & RUBBER CO /OH/ Insider Trading Activity
Max H. Mitchell, a director of Goodyear Tire & Rubber Co. (GT), was credited with 4,642 restricted stock units (RSUs) on 10/01/2025 under the companys Outside Directors Equity Participation Plan. Each RSU was valued at the closing market price on the transaction date at $7.54 per RSU, and the reporting shows 15,515 shares of common stock beneficially owned by Mr. Mitchell after the accrual.
The RSUs were accrued to Mr. Mitchells Retainer Deferral Account by election and will convert to common shares on the fifth business day of the calendar quarter following the quarter of the directors separation from board service. The Form 4 was executed on behalf of Mr. Mitchell by an attorney-in-fact and filed in early October 2025.
- 4,642 RSUs were granted/credited, reflecting ongoing director equity alignment
- RSUs were placed into a Retainer Deferral Account, indicating deferred compensation design
- No negative items disclosed in this Form 4; the filing records routine compensation and ownership
Insights
Routine director compensation: 4,642 RSUs logged to deferral account on 10/01/2025.
This filing records a non-derivative grant of 4,642 RSUs to Director Max H. Mitchell, added to a Retainer Deferral Account under the Outside Directors Equity Participation Plan. The report indicates the form of compensation and the election to defer, which is a standard governance practice to align director pay with long-term shareholder interests.
The disclosure clarifies conversion timing: each RSU converts to a share on the fifth business day of the calendar quarter following the quarter of the directors separation from board service. The transaction was valued at $7.54 per RSU on the transaction date and leaves the director with 15,515 beneficially owned shares per the filing.