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Goodyear (GT) awards performance and restricted stock units to Asia chief

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Goodyear Tire & Rubber granted President, Asia Pacific Nathaniel Madarang long-term equity awards under its 2022 Performance Plan. He acquired 55,045 Performance Share Units that may pay out in shares of common stock in February 2029, depending on performance over a three-year period ending December 31, 2028, with potential outcomes from 0% to 200% of the target amount and an additional adjustment of up to 20% based on total shareholder return versus a peer group.

He also received 41,284 Restricted Stock Units, which will vest and convert into common shares in three equal 33% installments over three years, beginning on March 1, 2027. Both awards are characterized as grants or awards, not open-market purchases, and are held as direct ownership.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Madarang Nathaniel

(Last) (First) (Middle)
200 INNOVATION WAY

(Street)
AKRON OH 44316

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GOODYEAR TIRE & RUBBER CO /OH/ [ GT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Asia Pacific
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
2022 Plan Performance Share Units(1) (1) 02/23/2026 A 55,045 (1) (1) Common Stock 55,045 $0 55,045 D
2022 Plan Restricted Stock Units(2) (2) 02/23/2026 A 41,284 (2) (2) Common Stock 41,284 $0 41,284 D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Nathaniel Madarang pursuant to a Power of Attorney dated 3/4/21, a copy of which has been previously filed with the SEC. 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Goodyear (GT) grant to Nathaniel Madarang?

Goodyear granted Nathaniel Madarang 55,045 Performance Share Units and 41,284 Restricted Stock Units under the 2022 Performance Plan. These awards are long-term incentives settled in common stock, subject to performance and time-based vesting conditions.

How do Nathaniel Madarang’s Goodyear (GT) Performance Share Units work?

The 55,045 Performance Share Units can pay out 0% to 200% of the target in February 2029. Payout depends on performance over a three-year period ending December 31, 2028, plus up to a 20% adjustment tied to total shareholder return versus peers.

When will Nathaniel Madarang’s Goodyear (GT) RSUs vest?

The 41,284 Restricted Stock Units vest in three equal 33% installments over three years. Vesting begins on March 1, 2027, with each vested portion converting into shares of Goodyear common stock upon each vesting date.

Are Nathaniel Madarang’s Goodyear (GT) equity awards open-market share purchases?

No, these are grants under Goodyear’s 2022 Performance Plan, not market purchases. They are classified as award or grant acquisitions with a transaction price of $0.00 per unit, reflecting compensation rather than cash share buying.

What performance period applies to Goodyear (GT) Performance Share Units granted to Madarang?

The Performance Share Units are tied to a three-year performance period ending December 31, 2028. The actual number of shares delivered in February 2029 depends on achieving specified performance goals and relative total shareholder return versus a peer group.

Does Nathaniel Madarang hold his Goodyear (GT) equity awards directly or indirectly?

The filing classifies Nathaniel Madarang’s ownership of both the Performance Share Units and Restricted Stock Units as direct. There is no indication of intermediary entities, trusts, or partnerships holding these awards on his behalf in this disclosure.
Goodyear Tire & Rubr Co

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