Goodyear (NASDAQ: GT) SVP nets 62,270 shares after award conversion
Rhea-AI Filing Summary
Goodyear Tire & Rubber’s Senior Vice President and Chief Communications Officer, Laura P. Duda, reported equity award activity in company stock. On February 2, 2026, 10,047 performance share units from a 2022 plan converted into 10,047 shares of common stock at $0 per share.
To cover withholding taxes, 5,089 shares of common stock were withheld by Goodyear at $9.33 per share, as noted in the footnotes. After these transactions, Duda directly beneficially owned 62,270 shares of Goodyear common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Performance Share Units | 10,047 | $0.00 | -- |
| Exercise | Common Stock | 10,047 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,089 | $9.33 | $47K |
Footnotes (1)
- Shares of common stock withheld by the issuer for the payment of withholding taxes. This Form 4 reports the conversion of 96% of the base number of units granted, payable 100% in common stock.
FAQ
What insider transaction did Goodyear (GT) report for Laura P. Duda?
Laura P. Duda reported the conversion of 10,047 performance share units into 10,047 shares of Goodyear common stock. These units came from a 2022 performance share plan and were settled entirely in stock, reflecting routine equity compensation activity.
What does the M transaction code mean in this Goodyear (GT) Form 4?
The “M” code indicates the exercise or conversion of a derivative security, here 2022 Plan Performance Share Units. On February 2, 2026, 10,047 units converted into 10,047 shares of Goodyear common stock at an exercise price of $0 per share.
Was this Goodyear (GT) insider transaction an open-market stock sale?
No. The filing shows a conversion of performance share units into stock and a tax withholding transaction. Shares coded “F” were withheld by Goodyear at $9.33 per share to cover taxes, not sold in an open-market trade.