Goodyear director awarded 25,605 RSUs
Goodyear Tire & Rubber director Michael Wessel received a stock-based compensation grant.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Goodyear Tire & Rubber director Michael Wessel received a stock-based compensation grant. He was awarded 25,605 Restricted Stock Units (RSUs) on Common Stock, each valued at $7.03 based on the closing market price on the grant date.
The RSUs are payable only in Goodyear Common Stock and were granted under the company’s Outside Directors' Equity Participation Plan. Each RSU will convert into one share of Common Stock on the earlier of one year from the grant date or the date of the 2027 annual meeting. After this award, Wessel holds 25,605 RSUs directly from this grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,605 | $7.03 | $180K |
Footnotes (2)
- 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").
- 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 earlier of one year from the date of grant and the date of the 2027 annual meeting.
Key Figures
Key Terms
Restricted Stock Units financial
Outside Directors' Equity Participation Plan financial
fair market value financial
closing market price financial
annual meeting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Goodyear (GT) director Michael Wessel report?
How many Goodyear (GT) Restricted Stock Units did Michael Wessel receive?
At what price were Michael Wessel’s Goodyear (GT) RSUs valued?
Are Michael Wessel’s Goodyear (GT) RSUs paid in cash or stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.