Goodyear HR chief RSUs vest; shares withheld for tax
Goodyear Tire & Rubber Senior VP & Chief HR Officer Nicole Gray reported routine equity compensation activity involving restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber Senior VP & Chief HR Officer Nicole Gray reported routine equity compensation activity involving restricted stock units. On July 1, 2026, 5,114 RSUs from the 2022 plan vested and converted into common shares.
Of these, 2,281 common shares were withheld by Goodyear to cover tax obligations, as noted in the footnotes. After these transactions, Gray directly held 20,501 shares of common stock, reflecting standard compensation vesting rather than open-market buying or selling.
Insider Trade Summary
5,114 shares exercised/converted
Exercise
3 txns
Insider
Gray Nicole
Role
Senior VP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Restricted Stock Units | 5,114 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,114 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,281 | $6.46 | $15K |
Holdings After Transaction:
2022 Plan Restricted Stock Units — 5,114 contracts (Direct);
Common Stock — 20,501 shares (Direct)
Footnotes (2)
- 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 one-third of the Restricted Stock Units ("RSUs") granted July 1, 2024.
Key Figures
Shares withheld for taxes: 2,281 shares
RSUs vested and converted: 5,114 units
Post-transaction common shares: 20,501 shares
+1 more
4 metrics
Shares withheld for taxes
2,281 shares
Common stock withheld to pay withholding taxes at $6.46 per share
RSUs vested and converted
5,114 units
2022 Plan Restricted Stock Units converting into common stock on July 1, 2026
Post-transaction common shares
20,501 shares
Direct common stock holdings following transactions reported on July 1, 2026
Tax withholding reference price
$6.46 per share
Price per share used for the 2,281-share tax-withholding disposition
Key Terms
Restricted Stock Units ("RSUs"), withholding taxes, derivative security, tax-withholding disposition
4 terms
Restricted Stock Units ("RSUs") financial
"This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted July 1, 2024."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
withholding taxes financial
"Shares of common stock withheld by the issuer for the payment of withholding taxes."
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Goodyear (GT) report for Nicole Gray on this Form 4?
Goodyear reported that Senior VP & Chief HR Officer Nicole Gray had 5,114 restricted stock units (RSUs) vest and convert into common stock. A portion of the resulting shares was withheld to cover tax obligations, reflecting routine compensation-related activity rather than open-market trading.
How many Goodyear (GT) restricted stock units vested for Nicole Gray?
On the reported date, 5,114 RSUs from Goodyear’s 2022 Plan vested and were converted into shares of common stock. Footnotes explain this represents the vesting and conversion of one-third of the RSUs originally granted on July 1, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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