Goodyear CLO reports RSU vesting and share withholding
Goodyear Tire & Rubber’s Sr VP and Chief Legal Officer David Emmitt Phillips reported multiple equity-compensation transactions tied to Restricted Stock Units under the 2022 plan.
Rhea-AI Filing Summary
Goodyear Tire & Rubber’s Sr VP and Chief Legal Officer David Emmitt Phillips reported multiple equity-compensation transactions tied to Restricted Stock Units under the 2022 plan. On February 27 and March 1, 2026, several RSU grants vested and were converted into common stock, including RSUs originally granted on February 27, 2023, February 26, 2024 and February 24, 2025. These vesting events increased his directly held common shares through derivative exercises/conversions. In connection with the vesting, the issuer withheld shares at $8.25 per share to cover withholding taxes, reported as tax-withholding dispositions rather than open-market sales. After the latest transaction on March 1, 2026, Phillips directly owned 60,785 shares of Goodyear common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Restricted Stock Units | 15,241 | $0.00 | $0.00 |
| Exercise | 2022 Plan Restricted Stock Units | 18,386 | $0.00 | $0.00 |
| Exercise | Common Stock | 33,627 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,251 | $8.25 | $126K |
| Exercise | 2022 Plan Restricted Stock Units | 19,720 | $0.00 | $0.00 |
| Exercise | Common Stock | 19,720 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,944 | $8.25 | $74K |
Footnotes (4)
- F1. Shares of common stock withheld by the issuer for the payment of withholding taxes.
- F2. This Form 4 reports the vesting and conversion of the Restricted Stock Units ("RSUs") granted February 27, 2023.
- F3. This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 26, 2024.
- F4. This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 24, 2025.
FAQ
What insider transactions did GT executive David Emmitt Phillips report on this Form 4?
Were any of the GT insider transactions by David Emmitt Phillips open-market purchases or sales?
What RSU grants are involved in David Emmitt Phillips’ GT Form 4 filing?
How were taxes handled on David Emmitt Phillips’ vested GT RSUs?
Does the GT Form 4 indicate whether David Emmitt Phillips’ ownership is direct or indirect?
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