Goodyear (GT) VP gets stock from RSU vesting, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber Vice President and Controller Margaret V. Snyder reported equity compensation activity linked to restricted stock units. On March 1, 2026, she acquired 7,984 shares of common stock upon vesting and conversion of RSUs granted in February 2024 and February 2025. To cover tax obligations, 3,606 shares of common stock were withheld at $8.25 per share. Following these transactions, she directly held 8,890 shares of Goodyear common stock and indirectly held 2,232 shares through her spouse’s 401(k) plan account.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,984 shares exercised/converted
Mixed
5 txns
Insider
Snyder Margaret V
Role
Vice President and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Restricted Stock Units | 3,387 | $0.00 | -- |
| Exercise | 2022 Plan Restricted Stock Units | 4,597 | $0.00 | -- |
| Exercise | Common Stock | 7,984 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,606 | $8.25 | $30K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2022 Plan Restricted Stock Units — 3,386 shares (Direct);
Common Stock — 12,496 shares (Direct);
Common Stock — 2,232 shares (Indirect, 401(k) Plan by Spouse)
Footnotes (1)
- Total number of shares of common stock allocated to the account of the spouse of the reporting person in a Trust established under Goodyear's Employee Savings Plan for Salaried Employees, 401(k) Plan, as of March 1, 2026 as reported by the Plan Trustee. This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 26, 2024 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 Goodyear (GT) VP Margaret Snyder report?
Margaret Snyder reported equity compensation activity involving restricted stock units. On March 1, 2026, RSUs vested and converted into common stock, and some shares were withheld to satisfy tax obligations, updating both her direct and indirect holdings in Goodyear stock.
What indirect Goodyear (GT) holdings are reported for Margaret Snyder’s spouse?
The filing notes 2,232 Goodyear common shares allocated to her spouse’s account in a salaried employee 401(k) plan trust. These shares are reported as indirect ownership by Snyder through the plan as of March 1, 2026, based on information from the plan trustee.
Do the Goodyear (GT) Form 4 transactions indicate an open-market sale by Margaret Snyder?
The Form 4 shows tax-withholding dispositions rather than an open-market sale. Shares were delivered at $8.25 per share to cover taxes due on RSU vesting and conversion, consistent with code F transactions for satisfying exercise price or tax obligations.