Goodyear director granted 25,605 RSUs
CLAYTON NORMA reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CLAYTON NORMA reported acquisition or exercise transactions in this Form 4 filing.
Goodyear Tire & Rubber Company director Norma Clayton received an equity grant of 25,605 Restricted Stock Units (RSUs) as board compensation. Each RSU is equivalent to one share of common stock and was valued at $7.03 per unit on the grant date.
The RSUs were awarded under Goodyear’s Outside Directors' Equity Participation Plan and credited to her Restricted Stock Unit Deferral Account. These RSUs will be settled in common stock on the fifth business day of the calendar quarter following the quarter in which she separates from board service. After this grant, her deferred equity accounts reflect a total of 112,221 units.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
Footnotes (3)
- F1. Restricted Stock Units ("RSU"), each equivalent to a share of the Common Stock of the Company and payable only in Common Stock, awarded pursuant to the Company's Outside Directors' Equity Participation Plan, as amended (the "Plan"), and accrued to the Restricted Stock Unit Deferral Account of the reporting person in accordance with the Plan.
- F2. Each RSU was valued at the fair market value (the closing market price) on the Transaction Date. Each RSU will be converted to a share of Common Stock on the fifth business day of the calendar quarter following the quarter of the Director's separation from Board service.
- F3. Total units accrued to the deferred equity accounts of the reporting person as of the date of this statement.
Key Figures
Key Terms
Restricted Stock Units financial
Outside Directors' Equity Participation Plan financial
Restricted Stock Unit Deferral Account financial
fair market value financial
FAQ
What did Norma Clayton report in the latest Form 4 for GT?
At what value were Norma Clayton’s new Goodyear RSUs recorded?
How many Goodyear deferred RSUs does Norma Clayton now hold?
When will Norma Clayton’s Goodyear RSUs convert into common stock?
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