Goodyear legal chief converts 20,901 share units
Goodyear Tire & Rubber’s senior vice president and chief legal officer, David E. Phillips, converted performance share units into common stock and had shares withheld to cover taxes.
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Rhea-AI Filing Summary
Goodyear Tire & Rubber’s senior vice president and chief legal officer, David E. Phillips, converted performance share units into common stock and had shares withheld to cover taxes.
On 02/02/2026, 20,901 performance share units from a 2022 plan were exercised at $0 and paid entirely in common stock, raising his direct holdings to 41,797 shares. Also on 02/02/2026, 10,164 common shares were withheld by the company at $9.33 per share for tax obligations, resulting in 31,633 common shares held directly by Phillips after these transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Performance Share Units | 20,901 | $0.00 | $0.00 |
| Exercise | Common Stock | 20,901 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,164 | $9.33 | $95K |
Footnotes (2)
- F1. Shares of common stock withheld by the issuer for the payment of withholding taxes.
- F2. This Form 4 reports the conversion of 96% of the base number of units granted, payable 100% in common stock.
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